Accounts Receivable

Accounts Receivable
Goodbye Checks, Hello Progress: AR Automation Unlocks Growth Potential
June 27, 2024

Commercial payments are never just payments. More than the money movement itself, business payments comprise the workflows and data surrounding and supporting them. Ultimately, commercial payments help define and dictate the end-to-end experience a business can provide its customers. “Helping our customers move to a...

Accounts Receivable
40Seas Launches AI-Powered Global Accounts Receivable Platform
June 17, 2024

40Seas has launched a Global Accounts Receivable platform that is powered by artificial intelligence (AI) and centralizes invoice data in a single dashboard. The platform can also help companies streamline the reconciliation process, collect payments and offer extended payment terms to their customers, the company...

Accounts Receivable
Billtrust Adds AI Tools to Accounts Receivable Software Platform
May 30, 2024

Billtrust, a B2B order-to-cash and digital payments provider, unveiled new artificial intelligence tools within its accounts receivable software platform. The tools aim to empower finance professionals by providing them with business insights and enabling them to make strategic decisions and engage customers more effectively, the...

Accounts Receivable
CTS Systems Adds Corcentric’s Managed AR to Travel Booking Platform
May 08, 2024

CTS Systems has integrated Corcentric’s Managed Accounts Receivable (AR) services into its travel booking platform.  With this integration, the CTS Systems platform will offer corporate travel agents and hotels a single-source solution providing consolidated, digitized and secure invoice processing, the companies said in a Wednesday (May 8) press release.  “By partnering with...

Accounts Receivable
Many Smaller SMBs Opt to Process Ad Hoc Payments Manually — and It’s Costing Them
May 06, 2024

Fifty-seven percent of the total accounts receivable (AR) transactional volume flowing into the coffers of small to mid-sized businesses (SMBs) comes in the form of nonrecurring, ad hoc payments.  Yet, PYMNTS Intelligence found that in most cases, the process around receiving and processing these ad hoc...

Accounts Receivable
Can Companies Automate Away America’s Growing Accountant Shortage?
April 22, 2024

When it comes to choosing a career in accounting, the numbers no longer add up. That’s because, from corporate finance departments to CPA (certified public accountant) prep courses, finance functions across America are suffering from an ongoing attrition of their most seasoned team members while the accounting profession as...

Accounts Receivable
Nuvei Launches Invoice Financing Service Integrated With Leading ERP Systems
April 11, 2024

Nuvei has launched a service that enables merchants to access its Invoice Financing solutions directly within their enterprise resource planning (ERP) systems. With this service, the solutions have been integrated into several leading ERPs, including Sage and Acumatica, the company said in a Thursday (April 11) press release. “By...

Accounts Receivable
New Data: Instant Disbursement Use Spikes 8X Since 2017
March 22, 2024

More than half of United States consumers received disbursements from various corporate and government agencies in the last 12 months. This number is slightly less than at this time last year due to an ongoing drop in government disbursements. Even so, the number of disbursements...

Accounts Receivable
Celonis Launches Accounts Receivable Suite of Apps
March 20, 2024

Celonis has unveiled a new suite of accounts receivable (AR) apps that aim to help AR teams optimize their processes. The Sailfin Accounts Receivable (AR) app suite, which was created in collaboration with Celonis-owned Sailfin Technologies, optimizes AR management to improve productivity and help firms...