Factoring is selling your company's accounts receivable invoices at a discount to a third party for immediate cash.

A Credit Manager works within an accounting department to help determine the credit risk and credit-worthiness of clients.

An accounts receivable department (A/R) may divide responsibilities among the team to include credit managers, credit analysts, clerks, and collections specialists. This division of tasks helps accounts receivable management to be as efficient and productive as possible.

B2B is a term used for marketing or sales activities between two businesses. Alternatively, B2C defines activity between a business and a consumer. 

Aging report refers to a list of credit or accounts receivable invoices that remain outstanding. 
 

Accounts Receivable Turnover Ratio is a measurement of a company's effectiveness of its credit policies and its collections of accounts receivable.