Delayed Accounts Receivable Collections
Definition
Poor accounts receivable management results in extended debtor days, locking up cash needed for operations. Veterinary practices without automated systems face higher average debtors outstanding, reducing receivables turnover.
Key Findings
- Financial Impact: AUD 50,000+ working capital tied up per practice (assuming AUD 1M annual revenue at 20-40 debtor days); 2-5% revenue impacted by cash shortages
- Frequency: Ongoing, measured quarterly via debtor days KPI
- Root Cause: Manual tracking and lack of integration between PMS and accounting software
Why This Matters
The Pitch: Veterinary services in Australia 🇦🇺 lose 10-20% working capital tied in overdue receivables. Automation of payment plan management and collections eliminates this drag.
Affected Stakeholders
Practice Manager, Receptionist, Veterinarian Owner
Deep Analysis (Premium)
Financial Impact
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Current Workarounds
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Methodology & Sources
Data collected via OSINT from regulatory filings, industry audits, and verified case studies.
Related Business Risks
Unbilled Services and Lost Invoices
GST/BAS Reporting Errors from AR Delays
Superannuation Guarantee Shortfalls
STP Phase 2 Payroll Non-Compliance
GST Unbilled Services
Delayed Invoicing from Booking
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