Corporate Accounts Receivable is the money that a company owes to its customers for goods and services delivered. It’s a critical part of any business, as it helps to ensure that cash flow remains healthy and that the customer experience is positive. Put simply, it’s the amount that a company should expect to collect from its customers, minus any deductions or discounts. Accounting teams must carefully manage and monitor receivables in order to track payments and avoid late fees. With proper attention and care, accounts receivable can be a valuable source of cash flow for any business.