Accounts Receivable Management: The Role, Implementation, and Challenges of Increasing Corporate Financial Leverage
DOI:
https://doi.org/10.55927/ijems.v3i4.108Keywords:
Bill Management, Financial Leverage, LiquidityAbstract
Billing management is an important component of a company's financial strategy because it directly impacts the company's financial health and the continuity of its business operations. Leverage is one of the important concepts in the world of finance that measures the extent to which a company uses funding sources from loans (debt) compared to its own capital (equity) to finance its operational and investment activities, through indexed journals with selection criteria in the form of topic relevance, year of publication (maximum of the last five years), and has gone through a review process , aiming to present in-depth and reliable insights into the role, implementation, and challenges in increasing the company's financial leverage. Billing management and financial leverage are two important components in corporate financial management that are interconnected, billing management includes collection strategies, creditworthiness evaluations, and billing supervision to maintain the company's liquidity and profits, the relationship between the two can be seen from the influence of billing management on the company's cash flow and liquidity, which in determining the company's ability to pay off its debt obligations, the relationship between accounting management and financial leverage is reciprocal
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