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NET 30, 60, or 90 are typical payment expectations for customers. Net 30 = 100% of the balance paid in 30 days, Net 60 is 50% paid by 30 days and the remaining 50% by day 60, and so on. The ability to collect from a customer declines substantially after 90 days. Some say that you'll lost 60% of your recievables after day 90.
What else can I help you with?
What is the term for the average time it takes for customers to pay you?
The term for the average time it takes for customers to pay you is the average collection period.
What is the accounts receivable term for the average time it takes your customers to pay you?
Net
What is the term for the average time it takes customers to pay?
The average time it takes for customers to pay is referred to as Days Sales Outstanding. Computing this ratio lets companies know how fast they are turning sales into cash.
How much time bank takes to clear a cheque of cimb bank to hong leong bank?
If both the CIMB Bank and Hong Leong Bank are inside Singapore, then the usual time to clear cheques is 1 or 2 business days. If either of the banks is outside Singapore and one of them is inside Singapore, then the time may be considerably longer due to international settlement. You can actually call up your banks customer care to find out the average time it would take to clear the cheque by providing the source account details.
What does the term pay as you go mean?
Pay as you go means to cover the cost of an item or service as it is used. Such items or services do not use contracts. The customer pays before using the item or service, and can stop at any time.
What is the term for the average time it takes for customers to pay you?
The term for the average time it takes for customers to pay you is the average collection period.
What is the accounts receivable term for the average time it takes your customers to pay you?
Net
AHT stands for?
Average Handling Time. It is a metric used in customer service to measure the average time it takes for a customer service representative to handle a customer inquiry or issue. A lower AHT generally indicates more efficient service.
How much time do you spend directly with a customer or prospect on an average day?
I would spend one hour or longer with a planned appointment. I would spend more time with a prospecting customer because the time it takes to establish the account.
What is the term for the average time it takes customers to pay?
The average time it takes for customers to pay is referred to as Days Sales Outstanding. Computing this ratio lets companies know how fast they are turning sales into cash.
What is a dialling algorithm?
The algorithm is a set of complex mathematical equations that determine when the dialler will make the next call. It takes into account such things as the data quality, average length of call and the time it takes for a customer to answer the call.
What is the term for the length of time that it takes for you to respond to a stimulus?
The term for the length of time it takes for you to respond to a stimulus is called reaction time. It is the time from when a stimulus is presented to when a response is initiated.
What is the average time it takes to play a game of Monopoly?
The average time it takes to play a game of Monopoly is around 2 to 3 hours.
What is the term for the length for time that it takes for you to respond to a stimulus?
Reaction time
What is the average time it takes for a life insurance policy to be paid out?
The average time is 50 days.
What is the term for the length of time it takes your body to respond to a stimulus?
The term is "reaction time." It is the time it takes for your body to process a stimulus and generate a response. A shorter reaction time is often associated with quicker reflexes and coordination.
What term term refers to the time it takes to turn a new idea into a product that satisfies consumer demand?
Time to market.
