In this age when India has become the hot bed of startups and with such a thriving eco-system to support the startups, it is still pertinent to remember that 80-90% of startups fail, as per a report by IBM. ...
B2B Collections: So, what's it all about? Let’s solve this conundrum today. The process of collecting unpaid invoices from businesses or firms that owe money to another business is known as business-to-business (B2B) collections....
CFOs, AR Managers, and AR Collection Teams – all have different roles to play in the entire AR management process and therefore need access to different things, different information and, of course, different set of analytics....
Accounts Receivable (AR) refers to the money owed to a business by its customers for goods or services delivered but not yet paid for. It represents a company's outstanding invoices and the amount of money that customers owe the c...
Embracing automation in your accounts receivable (AR) management process will significantly transform your company for the better with increase in productivity by around 35% (as per certain studies). ...
Today WhatsApp Business API can be integrated with a variety of business tools and customer relationship management (CRM) systems, making it easier to manage customer interactions and.....
In the evolving business landscape, integrating innovative technologies in Accounts Receivable (AR) management is crucial. ...
Conventional deduction usually makes choices based on historical trends by analysing prior performance using specified criteria and organized data. Contrarily, artificial intelligence (AI) analytics makes use of machine learning a...
Many advanced accounts receivable (AR) automation tools have started offering features that allow you to create customized customer strategies based on invoice aging or total outstanding amounts and so on. These features typically...
In conventional AR Management Systems, sending out manual reminders to customers about overdue payments and sending out dunning letters are highly dependent on human intervention. The things that helps your AR Teams follow this pr...
The best Accounts Receivables Strategy involves tracking of open receivables before they become delinquent and cause severe cash flow problems. So, if your organization is facing cash flow issues, you know your AR strategy is eith...
Cloud Computing and the use of Cloud-based Solutions, both in the current context and in the future, is being ranked among the most significant trends in the management of Accounts Receivable. Cloud-based AR Solutions are becoming...
When it comes to Accounts Receivable Management, delayed collections, higher DSOs, bad debts, inaccurate or uninformed manual forecasting methods, spreadsheet errors, and lack of 360o visibility are an unfortunate reality that man...