Question: In reference to, accounts receivable. What are different methods to encourage customers/clients to pay their bills timely or even quicker? How can we use receivables

In reference to, accounts receivable. What are different methods to encourage customers/clients to pay their bills timely or even quicker? How can we use receivables to get our hands on cash before we collect the receivable? What do you do if a customer won't pay their amount due?

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