Account receivable management is the process of tracking and managing payments owed to a business by its customers or clients. It involves monitoring the accounts receivable balance, ensuring timely payment from customers, and following up with customers on any outstanding balances. Effective account receivable management can help improve cash flow, reduce bad debts, and maintain positive relationships with customers. It often involves implementing systems and processes for invoicing, collections and payment tracking, as well as ongoing analysis and reporting to identify areas for improvement.