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as a business owner you want to save time wherever possible ineffective accounts receivable management can lead to wasted time and stunt the growth of your business but effective accounts receivable management isnt difficult with the proper systems and processes youll be able to streamline your billing and free up valuable time here are four simple ways to refine your accounts receivable management number one set up an online payment system when its convenient for your customers to make a payment youre more likely to get paid if you have an e payment system in place your customers can pay their invoices online find a payment provider that offers an online customer payment portal with credit cards debit card and a cheque acceptance and email pay and automated recurring payment options number to resolve late payments to increase your chances of getting paid on time you should be extremely clear on payment deadlines send out reminders for upcoming payments and implement late payment f