Revenue Leak

Revenue leak refers to the loss of income that a business experiences due to various inefficiencies, errors, or missed opportunities in its operations. This can happen when companies fail to collect payments properly, have outdated pricing strategies, or neglect potential sales. Essentially, it's like money slipping through the cracks, which can harm a company's financial health and growth. Addressing revenue leaks involves identifying the causes and implementing better practices or technologies to ensure that all potential income is captured and retained.