EVOLUTION OF THE ACCOUNTS RECEIVABLES MANAGEMENT SYSTEM

Accounts receivable management is the vital problem of any company as the repayment of receivables has a direct impact on the actual change in the company's cash. This article reviews the concepts of "accounts receivable" and "accounts receivable management" of the company by various authors, points out the features of accounts receivable, identifies problems in management of receivables, and proposes the measures for effective accounts receivable management.