factris invoice financing factoring


What are debtors?

Debtors are customers or buyers of a company who still owe money to the company for products or services delivered. The company is therefore still entitled to payment of these outstanding invoices. Accounts receivable are shown on a company’s balance sheet as an asset because the company expects to collect these requisitions in the short term. Accounts receivable management is important to ensure that debtors pay their invoices on time.

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