Kolleno, a FinTech working on simplifying B2B accounts through automated key credit control functions and intelligent omnichannel communication, has been trying to help out with...
At a time when three-quarters of businesses say they plan to invest in accounts receivable (AR) automation, predictive analytics has come to the fore. Predictive...
The payments delays and errors common in B2B transactions stem from many sources, but a leading factor is a reliance on manual payments processes such...
The global wholesale sector is expected to experience significant growth by the end of 2022, but late payments continue to be an issue that continually...
The average small- to medium-sized business (SMB) receives 72 one-off or nonrecurring ad hoc payments for services rendered or products delivered each year. These are...
Delayed payments can strain companies’ working relationships with independent contractors. These late payments can impact the freelancers’ financial health and strain their trust in the...
Commercial construction, a $900 billion industry in the U.S., has the longest days sales outstanding (DSO) of any mature industry — 83 days. “That’s the...
Frustrations over delayed payments are on the rise, prompting businesses to upgrade their B2B transactions and other processes. Today, 45% of businesses view slow payment...
Firms that have yet to digitize their accounts payable (AP) and accounts receivable (AR) processes are likely to be at more of a competitive disadvantage...