Definition
The back-office function that tracks and collects payments owed to a company by its customers.
Cite this definition
"Accounts Receivable (AR)", Infusion Business Intelligence Glossary, https://www.infusionbi.com/glossary/AccountsReceivable
Business Importance
AR support directly protects cash flow — faster, better-tracked collections reduce the average days it takes a business to get paid.
Industry Examples
An AR specialist following up on an overdue invoice and logging the promised payment date in the client's finance system.
Related Terms
Related Service
How Infusion BI delivers this:
Data Operations & Back-Office
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