Codiligent Blog Your aging A/P may turn off business buyers

While having aging payables may seem like somewhat of a positive as it indicates the ability to conserve cash, payables that are aged beyond 30 days can cause concern for a business buyer. The reasons for this concern include: It may be an indication of a cash flow issue that is preventing the business from paying its bills in a timely manner;Accounting and bookkeeping processes may be inefficient or loosely managed;This may be a clue that there is a problem with the vendor or [...]