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

Late Payments Push 64% of CFOs to Modernize Accounts Receivables

Late Payments Push 64% of CFOs to Modernize Accounts Receivables
Late Payments Push 64% of CFOs to Modernize Accounts Receivables
October 09, 2023  |  Accounts Receivable

As organizations across industries struggle with delayed payments and disruptions to cash flow, accounts receivable (AR) teams are now seen as navigators amid an economic...

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CFOs Must Address AP and AR as Interest Rates May Rise Again
CFOs Must Address AP and AR as Interest Rates May Rise Again
October 06, 2023  |  B2B Payments

The jobs report has come in, and the Federal Reserve looks set to boost interest rates again. For chief financial officers and finance executives, time...

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27% of CFOs Say They ‘Definitely’ Need More AR Automation 
27% of CFOs Say They ‘Definitely’ Need More AR Automation 
October 05, 2023  |  Accounts Receivable

Chief financial officers (CFOs) are looking at automation to improve their accounts receivable (AR) processes. Sixty-seven percent of CFOs say their firms “probably” need more...

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Cobre Raises $13 Million to Expand Payment Automation Platform
Cobre Raises $13 Million to Expand Payment Automation Platform
October 05, 2023  |  Investments

Cobre has reportedly raised $13 million to take its treasury platform beyond its native Colombia. As TechCrunch reported Thursday (Oct. 5), the company plans to enter Mexico...

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AP Automation Helps Corporates Do More With Less
AP Automation Helps Corporates Do More With Less
October 05, 2023  |  Accounts Payable

When and how much a business gets paid can determine whether it will survive. But it is the technical architecture around that payment that can...

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How AI Helps Turn the Finance Function Into a Competitive Moat
How AI Helps Turn the Finance Function Into a Competitive Moat
October 03, 2023  |  B2B Payments

Sustainable growth comes from consistent organizational buy-in at the executive level. “It is about setting strategic direction from the top,” Aanchal Kochhar, head of product...

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Apron Raises $14 Million to Expand Business Payments Platform
Apron Raises $14 Million to Expand Business Payments Platform
September 28, 2023  |  SMBs

U.K. FinTech platform Apron is launching new small business products after raising $14 million. The Series A round, announced Thursday (Sept. 28), will help the London-based...

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1 in 4 CFOs Say AP Automation Reduces Payment Delays in Shipping
1 in 4 CFOs Say AP Automation Reduces Payment Delays in Shipping
September 27, 2023  |  Accounts Payable

Automation can improve efficiency, speed and accuracy in accounts receivable (AR), reducing days sales outstanding (DSO) and expediting payments. It also streamlines complex, error-prone accounts...

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