Managing Your Receivables in 2008

Slow receivables reduce profits, reduce desirable capital expenditures and resource improvements, and increases the costs of doing business. Research from the U.S. Department of Commerce shows that after 90 days, 26% of accounts can be uncollectible. When you take this a step further, the collectability risk also rises with the age of your unbilled work in progress.

Analysts point to the "likelihood of slightly slower economic activity for the coming months" (talk to ten economists, you will get 12 answers). Whether they are right, wrong or just covering their bets, it is prudent to hedge your bets by more closely managing your receivables.

Check out the articles and demos in this issue for BillQuick 2008 insights.
 

2008 Action Reports

BillQuick contains many reports to help you track and analyze receivables (and work in progress). It also helps you collect past due amounts.

BillQuick saves you time by automating the reports to be in your hands monthly, semimonthly, weekly, or even daily, depending on your needs. Also you save time by keeping all collection notes (along with project, billing and other notes) in BillQuick Project Journal.     View Demo Now

Credit Card Processing in BillQuick

Research shows clients of architectural, engineering, accounting, law and other professional firms consistently use credit cards to pay bills. Some do it to get the "points" and others do it because it is convenient. It's convenient for your company too.

The fee charged is usually offset -- and more -- by reduction in your company's receivables carrying costs.

Offering a credit card payment option also sends a strong signal: Our company is not your banker. And as part of a prudent receivables management plan, asking for payment by credit card for past due amounts  offers an easy option for companies.  

BillQuick includes credit card processing directly in the software. View Demo Now.

Credit Card Processing -
Special Offer from  Innovative Merchant Solutions

Innovative Merchant Solutions was chosen to integrate with BillQuick because of IMS' experience, features, and ease of integration. BQE Software negotiated special rates and fees for BillQuick Customers.      Read More

Webinars - What's New in 2008!

Join us for a live, one-hour webcast on May 20, 2008, at 9 a.m. Pacific Time/12 Noon Eastern Time. Q & A session. Shafat Qazi, CEO, leads the presentation.    Sign Up

Why Attend A User Conference?

To Learn, of course.

To play. . . let's hope so.

But the best reason to attend the BillQuick User Conference, Keys to Success, is. . .     Read More

On the Road with BillQuick

BQE Software will be on the road in Boston, Massachusetts on May 14, 15 and 16 at the annual conference for the American Institute of Architects. BQE Software will be demonstrating BillQuick in Booth 10169 in the Software Technology Pavilion all three days. Come by and see us!         Set Up a Meeting

Refer a Friend Program

Look for this new symbol on the BillQuick eLetter and earn $100 by referring a friend to BillQuick.     Read More