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

Online Portals Bring Commercial Real Estate Payments Into the Digital Age

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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