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

Blackstone-Led Funding Round Nets LemonEdge $4M
Blackstone-Led Funding Round Nets LemonEdge $4M
February 03, 2022  |  Investments

Accounting platform LemonEdge has raised $4 million in a funding round led by Blackstone, bringing the amount of capital raised by the U.K. firm to...

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Online Portals Bring Commercial Real Estate Payments Into the Digital Age
Online Portals Bring Commercial Real Estate Payments Into the Digital Age
February 03, 2022  |  B2B Payments

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82% of Real Estate CFOs Plan to Digitize Multiple AR/AP Functions
82% of Real Estate CFOs Plan to Digitize Multiple AR/AP Functions
February 01, 2022  |  CFO

More than half of the chief financial officers in three industries say the importance of boosting the overall lifetime value of customers has increased during...

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66% of Businesses Now Collect Credit Info on New Suppliers
66% of Businesses Now Collect Credit Info on New Suppliers
February 01, 2022  |  B2B Payments

In the B2B ecosystem, firms must complete complex onboarding processes to set customers up for new transactions and vet new suppliers or vendors. While this...

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Lending Platform Vergent Partners With OSG
Lending Platform Vergent Partners With OSG
February 01, 2022  |  Partnerships

FinTech lending platform Vergent LMS has formed a partnership with Outsourcing Solutions Group (OSG) — a consortium of accounts receivable (AR) service providers — to...

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Pennylane Raises $57M Series B to Expand Business Management Tools
Pennylane Raises $57M Series B to Expand Business Management Tools
January 31, 2022  |  Investments

Accounting and business tools software startup Pennylane raised $57 million (50 million euros) in a Series B funding round led by Sequoia Capital, with participation...

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Why SmileDirectClub Uses Digital Lockboxes to Streamline Receivables
Why SmileDirectClub Uses Digital Lockboxes to Streamline Receivables
January 31, 2022  |  Accounts Receivable

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Only 48% of Construction Firms Use Automated Accounts Receivable Processes
Only 48% of Construction Firms Use Automated Accounts Receivable Processes
January 25, 2022  |  B2B Payments

A growing number of firms have moved to automated accounts receivable (AR) processes, but the adoption rate varies by industry sector. For example, only 48%...

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47% of CFOs Say Clearer Receivables Processes Boost Customer Lifetime Value
47% of CFOs Say Clearer Receivables Processes Boost Customer Lifetime Value
January 24, 2022  |  B2B Payments

While chief financial officers (CFOs) have many reasons to upgrade their accounts receivable (AR) systems, more than half of them cited more transparent processes as...

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