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Collecting the monies owed is an important part of financial management. Use this calculator to develop a baseline for your collection efficiency. Then, continually work to beat that baseline week-after-week.
Ever wonder how long it takes you to collect your money? Here’s a handy calculator designed to quickly reveal the number of days your waiting on your hard earned cash.
Use it to start measuring right away! You have to get it down to a reasonable level and then keep it down. And if it ever climbs above a certain point…well, it’s all hands on deck to collect!