Debtor management

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The pros and cons of outsourcing invoicing
Every business, small or large, has to deal with invoices. Invoicing is an important part of any business as it ensures that the company gets its finances in order. What exactly is invoicing? Invoicing involves sending invoices to debtors and is part of debtor management. Think of services or products you have sold. It is important that invoices are paid so that your business remains financially sound.
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What is debtor management?
On this wiki page we will inform about the concept of debtor management. What are debtors? What is debtor management? And how do I ensure it to be efficient and effective?