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What is the major product of the following reaction?
Payables Policy
The guidelines a company follows regarding how and when it will pay its bills and invoices to creditors.
Collection Policy
A set of guidelines and procedures followed by a business to collect accounts receivable or outstanding debts from clients or customers.
Collection Policy
A collection policy outlines the procedures a company uses to collect accounts receivable, including timelines, communication strategies, and actions for overdue payments.
Accounts Receivables
The amount of money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.
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