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. Get 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...
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...
The U.K.’s Federation of Small Businesses says that a “late payment crisis,” coupled with high inflation and increased administration for international traders, is threatening to...