Prompt completion and transmission of an invoice does NOT necessarily improve the cash cycle and profitability.

Name: Prompt completion and transmission of an invoice does NOT necessarily improve the cash cycle and profitability.
Brand: Quizplus
Rating: 4.9 (48 reviews)

Question

Quizplus · Accepted Answer

Prompt completion and transmission of an invoice can improve the cash cycle and profitability by accelerating the receipt of payments from customers, thereby reducing the cash conversion cycle and enhancing liquidity.

Prompt Completion and Transmission of an Invoice Does NOT Necessarily