Meeting the Growing Need for AR Modernization

Late Payments Push 64% of CFOs to Modernize Accounts Receivables With late payments a 2023 pain point, 64% of CFOs say the need to automate AR is more important than ever before, an issue that is examined in the latest edition of the “B2B and Digital Payments Tracker®,” a collaboration with American Express.
Inside the October Tracker
  • PYMNTS Intelligence interviews Billtrust’s Murray Sharp about why the current economic climate requires not merely an AR upgrade but a major shift in operational strategy.
  • Manual payment methods such as paper checks have many downsides — never more so than now.
  • More than eight in 10 businesses believe their AR teams have become more crucial in recent months, yet the resources at teams’ disposal remain limited.

American Express B2B and Digital Payments Tracker Series