Working Capital

Working Capital

Quora CEO Says AR Automation Blunts Cash Flow Impact Of Remote Work Environment

Managing accounts receivable (AR) struggles in a remote working environment is not without its challenges, but automation has helped companies blunt the impact and keep their cash flow steady, says Quora CEO Adam D’Angelo. In the Working Capital Playbook, a PYMNTS and YayPay collaboration, D’Angelo explains how AR automation and digital payments have become key to transitioning to remote operations with minimal disruption.

Inside the October Playbook

  • An interview with Adam D’Angelo, founder and CEO of question-and-answer site Quora, on how AR automation and digital payment processes have helped the company cope with the shift to remote work
  • The latest working capital developments, including why 83 percent of firms changed their AR processes since the beginning of the pandemic and how four-fifths of companies report that AR automation has improved the efficiency of their accounting teams
  • A Deep Dive analyzing how automated AR systems can reduce days sales outstanding, improve team efficiency and save costs for remote accounting departments

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    Working Capital Playbook