accounts receivable

Accounts receivable, abbreviated as AR or A/R, are legally enforceable claims for payment held by a business for goods supplied or services rendered that customers have ordered but not paid for.

Source: en.wikipedia.org

Over One-Third of Mid-Sized US Firms Miss out on AP and AR Automation Benefits

Over One-Third of Mid-Sized US Firms Miss out on AP and AR Automation Benefits
Over One-Third of Mid-Sized US Firms Miss out on AP and AR Automation Benefits
November 30, 2023  |  B2B Payments

The number of payments and invoices that businesses must process can increase, especially for growing businesses. Firms are recognizing the need to automate accounts payable...

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Billtrust Adds Enhanced Visibility to AR Platform
Billtrust Adds Enhanced Visibility to AR Platform
November 28, 2023  |  B2B Payments

Billtrust has added a new interface to its artificial intelligence (AI)-powered accounts receivable (AR) platform that provides enhanced AR visibility, a new Days to Pay...

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Big Firms Automate Regular Payments, Small Firms Large Payments
Big Firms Automate Regular Payments, Small Firms Large Payments
November 28, 2023  |  Accounts Payable

The digitalization trend that followed the pandemic has accelerated the automation journey for nearly one-third of mid-sized firms. In the last two years, remote work...

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Companies With AI-Driven Strategies Outcompete Peers, Study Finds
Companies With AI-Driven Strategies Outcompete Peers, Study Finds
November 28, 2023  |  Artificial Intelligence

The payments industry has been a latecomer to the financial technology revolution. Many companies still use legacy accounts receivable (AR) processes marked by an overwhelming...

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Cost Concerns Keep More Than One-Third of Firms From Automating AR Processes 
Cost Concerns Keep More Than One-Third of Firms From Automating AR Processes 
November 22, 2023  |  B2B Payments

Businesses expect that handling payments — both sending and receiving them — will become even more crucial in the future. On average, companies anticipate a...

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Cash Is King Means ‘Pay Me Sooner’ for B2B Players 
Cash Is King Means ‘Pay Me Sooner’ for B2B Players 
November 20, 2023  |  B2B Payments

What do businesses want for the holidays? It’s simple: to get paid faster.  B2B payments are the global economy’s transactional workhorse, accounting for tens of...

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93% of Middle Market Firms Say Current AP/AR Systems Don’t Cut It
93% of Middle Market Firms Say Current AP/AR Systems Don’t Cut It
November 20, 2023  |  Accounts Payable

Automating accounts payable (AP) and accounts receivable (AR) can provide a crucial edge for mid-size firms. Most that have done so report increased efficiency and...

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Cut the Check: How Paperless Progress Future-Proofs B2B Payments
Cut the Check: How Paperless Progress Future-Proofs B2B Payments
November 17, 2023  |  B2B Payments

Money in and money out always matters, but cash flows come to the forefront in uncertain times. And today’s macro environment is increasingly driving a...

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