accounts receivable

Accounts receivable, abbreviated as AR or A/R, are legally enforceable claims for payment held by a business for goods supplied or services rendered that customers have ordered but not paid for.

Source: en.wikipedia.org

Will 2024 Be the Year of Win-Win Buyer-Supplier Dynamics?
Will 2024 Be the Year of Win-Win Buyer-Supplier Dynamics?
December 06, 2023  |  B2B Payments

Another year has nearly passed, and with it, trillions of dollars of global B2B spend. And despite the fact that a chunk of those B2B...

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Paymerang Launches Receivables Automation Product
Paymerang Launches Receivables Automation Product
December 06, 2023  |  Accounts Receivable

Paymerang expanded its line of finance automation solutions by adding receivables automation. The new Receivables Automation product simplifies accounts receivable (AR) and provides businesses with...

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Late Payments Plague 100% of Construction Companies
Late Payments Plague 100% of Construction Companies
December 06, 2023  |  Accounts Receivable

Late business-to-business (B2B) payments are the bane of any accounts receivable (AR) department. The headaches caused by late B2B payments affect more than just the...

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Over One-Third of Mid-Sized US Firms Miss out on AP and AR Automation Benefits
Over One-Third of Mid-Sized US Firms Miss out on AP and AR Automation Benefits
November 30, 2023  |  B2B Payments

The number of payments and invoices that businesses must process can increase, especially for growing businesses. Firms are recognizing the need to automate accounts payable...

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Billtrust Adds Enhanced Visibility to AR Platform
Billtrust Adds Enhanced Visibility to AR Platform
November 28, 2023  |  B2B Payments

Billtrust has added a new interface to its artificial intelligence (AI)-powered accounts receivable (AR) platform that provides enhanced AR visibility, a new Days to Pay...

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Big Firms Automate Regular Payments, Small Firms Large Payments
Big Firms Automate Regular Payments, Small Firms Large Payments
November 28, 2023  |  Accounts Payable

The digitalization trend that followed the pandemic has accelerated the automation journey for nearly one-third of mid-sized firms. In the last two years, remote work...

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Companies With AI-Driven Strategies Outcompete Peers, Study Finds
Companies With AI-Driven Strategies Outcompete Peers, Study Finds
November 28, 2023  |  Artificial Intelligence

The payments industry has been a latecomer to the financial technology revolution. Many companies still use legacy accounts receivable (AR) processes marked by an overwhelming...

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Cost Concerns Keep More Than One-Third of Firms From Automating AR Processes 
Cost Concerns Keep More Than One-Third of Firms From Automating AR Processes 
November 22, 2023  |  B2B Payments

Businesses expect that handling payments — both sending and receiving them — will become even more crucial in the future. On average, companies anticipate a...

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Cash Is King Means ‘Pay Me Sooner’ for B2B Players 
Cash Is King Means ‘Pay Me Sooner’ for B2B Players 
November 20, 2023  |  B2B Payments

What do businesses want for the holidays? It’s simple: to get paid faster.  B2B payments are the global economy’s transactional workhorse, accounting for tens of...

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