The process of managing the sales ledger of a client by a financial service company is called

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Factoring is a financial transaction and a type of debtor finance in which a business sells its accounts receivable (i.e., invoices) to a third party (called a factor) at a discount. This process helps businesses improve cash flow and reinvest in operations more quickly than waiting for customers to pay their invoices.

The Process of Managing the Sales Ledger of a Client