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

Only One-Third of Firms Use Critical AP/AR Automation Tools

Only One-Third of Firms Use Critical AP/AR Automation Tools
Only One-Third of Firms Use Critical AP/AR Automation Tools
August 16, 2023  |  Accounts Payable

Accounts receivable (AR) and accounts payable (AP) workflows rely on labor-intensive, manual processes prone to human error and delays — but specialized software and automation...

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When Supplier Silence Isn’t Golden in Commercial Payments
When Supplier Silence Isn’t Golden in Commercial Payments
August 14, 2023  |  Accounts Receivable

Consumer behavioral trends tend to drive commercial innovations. But frequently, firms forget that decision makers and B2B buyers themselves are “consumers” outside of their day...

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Suppliers Recast the Definition of B2B Loyalty
Suppliers Recast the Definition of B2B Loyalty
August 10, 2023  |  B2B Payments

Shawn Cunningham, managing vice president and head of Capital One’s trade credit operations, told PYMNTS in a recent interview that it’s time for companies to...

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PYMNTS Intelligence: Fixing the Tech Industry’s B2B Payments Experience
PYMNTS Intelligence: Fixing the Tech Industry’s B2B Payments Experience
August 08, 2023  |  B2B Payments

When it comes to digital technology, business-to-business (B2B) payments are well-known latecomers to the party, with advances in consumer payments far outpacing those of their...

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Regions Bank Debuts Business Bills, Communication Platform
Regions Bank Debuts Business Bills, Communication Platform
August 07, 2023  |  Commercial Payments

Regions Bank has introduced new ways for business clients to manage customer billing and communications. The company announced Monday (Aug. 7) that its business clients now have...

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Chaser Deploys AI to Predict Best Times for Payment Reminders
Chaser Deploys AI to Predict Best Times for Payment Reminders
August 02, 2023  |  Artificial Intelligence

Chaser, a global accounts receivables (AR) platform and credit control service provider, has launched an artificial intelligence (AI)-powered “recommended chasing times” feature designed to help...

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Time for CFOs to Break the AP/AR Automation Bottleneck 
Time for CFOs to Break the AP/AR Automation Bottleneck 
July 31, 2023  |  CFO

Today’s CFOs find themselves more and more in the driver’s seat.  But that doesn’t mean the road ahead is a clear one.  Coming out of a...

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Over Half of Retailers and Manufacturers Investing to Modernize Procurement Processes
Over Half of Retailers and Manufacturers Investing to Modernize Procurement Processes
July 31, 2023  |  Digital Payments

Here on the other side of the pandemic, industry verticals that are modernizing through digital payments transformation are seeing the payoffs across functions including accounts...

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