Large Organizations

1 Posts
1 Sections
1 Types

Definitions

Cycle Billing Invoicing Method Customer Billing Financial Management Cash Flow Management Large Organizations

Cycle Billing is a method sometimes adopted in large organizations for invoicing their customers at different time intervals. Often using the alphabet as a basis, customers starting with the letter A may be invoiced on the first day, B on the second day, and so on. This method spreads the workload in the organization and ensures a steady inflow of cash—provided that there are many customers with comparable accounts.