Understanding the 'Open Invoices by Customer' Metric
This metric shows the total amount of unpaid invoices for each customer, giving a clear view of accounts receivable and cash flow.
Why 'Open Invoices by Customer' Matters
This metric helps businesses identify potential risks in cash flow and make informed decisions to maintain financial health.
Key Considerations for 'Open Invoices by Customer'
The accuracy of this metric depends on regular updates and tracking of all invoices and payments. It's also important to consider customer payment habits.
Maximize Your Use of 'Open Invoices by Customer'
Businesses can use this metric to prioritize follow-ups on unpaid invoices, potentially improving cash flow and financial management.