Automating Payment Systems Can Improve Vital Cash Flow and Liquidity
With 8 in 10 businesses now reporting an increase in delayed payments during the ongoing economic slowdown, companies are scrambling to improve cash flow and pay their bills. In the “Working Capital Tracker®
,” a collaboration with Billtrust
, PYMNTS explains how 73% of businesses that automate their payments processes are improving liquidity, reducing DSO and strengthening customer relationships.