What are some proactive measures my business can take in order to manage accounts receivables and keep them low?

The first measure should be a thorough examination of the customer’s credit application.  Gather as much information as you can, not only to ensure the customer’s ability to pay, but also for information about how to contact them and collect from them in the event of a later default.  Other tools you may consider to better protect your business against non-payment include obtaining personal guaranties from owners of corporate customers, taking collateral for services rendered or goods supplied on credit, and promptly exercising lien rights and other creditor self-help tools that the law allows. For assistance with collections, contact Sonia J. Buck.