Applying an integrated approach to accounts receivable management to minimize financial risks

This article examines modern approaches to managing accounts receivable as a key element of an enterprise's financial policy. It analyzes the economic essence of accounts receivable, the main methods for assessing them, and existing management models. Based on a summary of theoretical approaches and the practical experience of Russian enterprises, a comprehensive accounts receivable management model is proposed, including diagnostic, preventive, and corrective stages. A proprietary indicator, the accounts receivable risk ratio (ARRR), has been developed to enable an integrated assessment of threats to an enterprise's financial stability.