Nine in 10 CFOs Will Automate Receivables to Speed Order-to-Cash Cycles
With more than two-thirds of CFOs citing payment delays as a problem for their firms in the last six months, nine in 10 companies wish to expand their investment in AR automation to accelerate order processing, reduce invoicing errors and expedite payments. In the “Working Capital Tracker®
,” a collaboration with Billtrust
, PYMNTS Intelligence explains why the demand for AR automation is growing and what’s at stake for companies that opt out of this trend.