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

Missing, Inaccurate Procurement Data Costs B2B Firms $600B a Year

Missing, Inaccurate Procurement Data Costs B2B Firms $600B a Year
Missing, Inaccurate Procurement Data Costs B2B Firms $600B a Year
November 19, 2021  |  B2B Payments

The widespread shift to remote work is fundamentally changing the procurement process. Historically, businesses have managed B2B payments in centralized offices, where employees could easily...

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64% of Firms Move Away From Physical Invoices as COVID Solidifies Digital Shift
64% of Firms Move Away From Physical Invoices as COVID Solidifies Digital Shift
November 18, 2021  |  B2B Payments

The COVID-19 pandemic has prompted businesses’ accounts receivable (AR) leaders to take the digital leap. As the challenge of delayed payments has become more damaging...

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70% of CFOs Are Automating Accounts Receivables, Payables to Increase Customer Lifetime Value
70% of CFOs Are Automating Accounts Receivables, Payables to Increase Customer Lifetime Value
November 18, 2021  |  B2B Payments

The pandemic’s disruption to the global economy has highlighted the value of keeping strategically engaged chief financial officers (CFOs) connected with their companies. Get the...

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Deep Dive: AR Automation and Overcoming the Challenges That Can Prevent Successful Implementation
Deep Dive: AR Automation and Overcoming the Challenges That Can Prevent Successful Implementation
November 16, 2021  |  Accounts Receivable

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24% of B2B Payments Made by Large Firms Are Made via Check
24% of B2B Payments Made by Large Firms Are Made via Check
November 16, 2021  |  B2B Payments

Smaller enterprises often face a familiar dilemma regarding technological investment. They tend to be highly motivated to minimize overhead, boost efficiency and embrace tools that might...

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Credit Cards See Growth as Part of Global Business Payments Mix
Credit Cards See Growth as Part of Global Business Payments Mix
November 16, 2021  |  B2B Payments

All eyes are on the supply chain snarls — the logistics headaches that may leave shelves bare during the all-important holiday shopping season. Get the...

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VironIT on Sidestepping Challenges of Working From Home With AR Automation
VironIT on Sidestepping Challenges of Working From Home With AR Automation
November 15, 2021  |  Accounts Receivable

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Digital Advertising Industry Sees Recurring Payments Key to Profitable Growth
Digital Advertising Industry Sees Recurring Payments Key to Profitable Growth
November 15, 2021  |  B2B Payments

As demand for alternative payment options explodes, businesses of all types are increasingly turning to digital solutions to prioritize and accelerate their migration from checks...

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