Despite widespread digital transformation efforts across industries, a new report reveals that many businesses, particularly small- to medium-sized firms, continue to grapple with the costly and pervasive inefficiencies inherent in manual accounts receivable (AR) processes, directly impacting their revenue and growth potential. Accounts receivable serves...
B2B payments are made up of workflows and data; and lots of it. And in a landscape increasingly shaped by automation and data, few back-office functions are experiencing as radical a transformation as accounts receivable (AR). In most organizations, AR reporting is often a lagging...
In an era where liquidity defines corporate survival, the back office has become a strategic battleground. The unglamorous accounts receivable (AR) function, once considered a cost center, is at the heart of this transformation. AR had been synonymous with manual invoices, aging spreadsheets, and overdue...
B2B payments are the lifeblood of global business, and few innovations have scaled as rapidly (and as unevenly) as virtual cards across B2B. “Virtual cards are growing tremendously in the market, with estimates that range from anywhere between 15% to 25%. But while they’re a...
Toku has raised $48 million in a Series A funding round for its accounts receivable (AR) software-as-a-service (SaaS) platform focused on mid-market to enterprise businesses in Mexico, Brazil and Chile. The company will use the new funding to double down on its go-to-market strategy and accelerate...
In a world increasingly driven by efficiency, the way businesses handle invoicing and billing is undergoing a quiet, digital revolution. It couldn’t be happening at a better time. For decades, paper-based billing systems have burdened companies with excessive operational costs. The expense of printing, mailing...
BillingPlatform has added a payment processing solution called BP Pay to its enterprise revenue lifecycle management platform. With the addition of BP Pay, global enterprise customers can use one platform to monetize, collect and maximize payments, the company said in a Thursday (March 27) press...
Finance teams using Odoo enterprise resource planning (ERP) software can now manage their accounts receivable (AR) with Chaser. Chaser launched an integration with Odoo, saying it provides automated AR tools like automated follow-ups and credit control tools that help businesses automate repetitive tasks and gain...
Accounts receivable (AR) platform Chaser said it has launched an integration with Sage 200. The collaboration, announced Tuesday (Feb. 11), is designed to bring AR management to businesses using the enterprise resource management (ERP) software, helping customers reduce late payments and eliminate manual credit management...