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2. Days sales outstanding - Wikipedia

   en.wikipedia.org/wiki/Days_Sales_Outstanding

   In accountancy, days sales outstanding (also called DSO and days receivables) is a calculation used by a company to estimate the size of their outstanding accounts receivable. It measures this size not in units of currency, but in average sales days. Typically, days sales outstanding is calculated monthly. Generally speaking, higher DSO ratio ...

3. Factoring (finance) - Wikipedia

   en.wikipedia.org/wiki/Factoring_(finance)

   Factoring is a financial transaction and a type of debtor finance in which a business sells its accounts receivable (i.e., invoices) to a third party (called a factor) at a discount. [1][2][3] A business will sometimes factor its receivable assets to meet its present and immediate cash needs. [4][5] Forfaiting is a factoring arrangement used in ...

4. Lockbox (accounts receivable) - Wikipedia

   en.wikipedia.org/wiki/Lockbox_(accounts_receivable)

   In general, a lockbox is a post-office box (PO box) that is accessible by a bank. A company may set up a lockbox service with its bank for receiving customers' payments. The company's customers send their payments to the PO box. Then the bank collects and processes these payments directly and deposits them to the company's account.

5. Revenue recognition - Wikipedia

   en.wikipedia.org/wiki/Revenue_recognition

   e. In accounting, the revenue recognition principle states that revenues are earned and recognized when they are realized or realizable, no matter when cash is received. It is a cornerstone of accrual accounting together with the matching principle. Together, they determine the accounting period in which revenues and expenses are recognized. [1]

6. Accounts receivable - Wikipedia

   en.wikipedia.org/wiki/Accounts_receivable

   Accounts receivable represents money owed by entities to the firm on the sale of products or services on credit. In most business entities, accounts receivable is typically executed by generating an invoice and either mailing or electronically delivering it to the customer, who, in turn, must pay it within an established timeframe, called credit terms [citation needed] or payment terms.

7. Wells Fargo Launches New APIs To Boost Efficiency And ...

   www.aol.com/finance/wells-fargo-launches-apis...

   Daniel Pfeiffer, head of Wells Fargo Global Receivables, Trade, and Inventory Finance, said, “By expanding our API technology, we took a step forward in taking out the complexity of navigating ...