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

Corporate Accountants Tap Tech To Reduce Financial Statement Risk

Corporate Accountants Tap Tech To Reduce Financial Statement Risk
Corporate Accountants Tap Tech To Reduce Financial Statement Risk
January 10, 2022  |  B2B Payments

While there’s a need for automation of manual tasks typically performed by junior accountants, there’s also demand for solutions for the sort of processes performed...

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Billtrust: 2021 Was the Year of Realization
Billtrust: 2021 Was the Year of Realization
January 10, 2022  |  Opinion

COVID-19 doesn’t seem to be going anywhere, says Steve Pinado, president of Billtrust. Given that reality, it’s time for finance teams to stop being reactive...

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49% of Firms Experience Fewer Late Payments After Automating AR Processes
49% of Firms Experience Fewer Late Payments After Automating AR Processes
January 07, 2022  |  B2B Payments

Digitizing business-to-business (B2B) payments data and managing it via enterprise resource planning (ERP) systems can improve collections, days sales outstanding (DSO) and operations. Get the...

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25% of B2B Payments Are Made by Check
25% of B2B Payments Are Made by Check
January 05, 2022  |  B2B Payments

While digitization has been a nearly universal pursuit for chief financial officers (CFOs) in recent years, it has played out differently in various sectors. This...

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Report: CFOs See Digital AR/AP as Best Way to Boost Efficiency and Transparency
Report: CFOs See Digital AR/AP as Best Way to Boost Efficiency and Transparency
January 05, 2022  |  CFO

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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93% of Companies Experience Late Payments
93% of Companies Experience Late Payments
January 04, 2022  |  B2B Payments

Accounts receivable (AR) teams face notable challenges, especially if their companies continue to rely largely on manual processes. One of the biggest pain points is...

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81% of Firms Still Use Paper Checks to Pay Other Businesses at Least Occasionally
81% of Firms Still Use Paper Checks to Pay Other Businesses at Least Occasionally
January 03, 2022  |  B2B Payments

Although complications can arise from businesses’ continued reliance on paper-based payments, 81% of firms still use paper checks to pay other businesses at least occasionally,...

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74% of Millennial B2B Buyers Have Switched Vendors For Better Consumer-Like Experience
74% of Millennial B2B Buyers Have Switched Vendors For Better Consumer-Like Experience
January 03, 2022  |  B2B Payments

B2B companies are taking to digital channels to manage business functions, establish buyer or vendor relationships and handle critical payment functions. As they do so,...

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