HOW TO IMPROVE CASH FLOW THROUGH AR AUTOMATION
Collecting receivables has never been easy.
But accounts receivable (AR) is harder in times like these.
Economic uncertainty has made customers more reluctant – and in some cases, unable – to release payments. Hybrid work environments are making it difficult for AR teams to track invoices, access AR data in systems of record, and to develop strategies for collecting past-due invoices. Manual processes make it impossible for AR departments to efficiently scale to support business growth. And collecting data for cash forecasting and financial planning is tricky in a manual environment.
Businesses have too much riding on their cash flow to trust traditional manual processes.
That’s why more businesses of all sizes and across all industries are automating their AR collections.
This white paper shows how digitizing AR processes can help a business accelerate its cash flow.