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

JPMorgan: Healthcare Payments Need Context to Drive Patient Value
JPMorgan: Healthcare Payments Need Context to Drive Patient Value
August 24, 2023  |  Healthcare

Innovation starts with payments and ends with a streamlined and fully optimized payee experience. But it needs to get past an iceberg of institutional inertia...

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Construction and Utility Businesses Use Credit Twice as Much as Hospitality
Construction and Utility Businesses Use Credit Twice as Much as Hospitality
August 23, 2023  |  SMBs

Slow payments are a perennial problem for the construction industry. PYMNTS research found that delayed transactions (those in which firms wait more than 90 days to receive...

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Automation Enhances AP/AR Workflows as CFOs Urged to Embrace Advanced Tech
Automation Enhances AP/AR Workflows as CFOs Urged to Embrace Advanced Tech
August 21, 2023  |  Commercial Payments

Automation and artificial intelligence (AI) have become essential tools in the business-to-business (B2B) landscape, transforming various aspects of financial operations and payment processes. For instance,...

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Aderant Debuts New Paperless Billing for Law Firms
Aderant Debuts New Paperless Billing for Law Firms
August 21, 2023  |  Accounts Payable

Legal billing software platform Aderant has launched new paperless billing capabilities for law firms. These capabilities are part of the newest version of its flagship practice management...

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Only One-Third of Firms Use Critical AP/AR Automation Tools
Only One-Third of Firms Use Critical AP/AR Automation Tools
August 16, 2023  |  Accounts Payable

Accounts receivable (AR) and accounts payable (AP) workflows rely on labor-intensive, manual processes prone to human error and delays — but specialized software and automation...

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When Supplier Silence Isn’t Golden in Commercial Payments
When Supplier Silence Isn’t Golden in Commercial Payments
August 14, 2023  |  Accounts Receivable

Consumer behavioral trends tend to drive commercial innovations. But frequently, firms forget that decision makers and B2B buyers themselves are “consumers” outside of their day...

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Suppliers Recast the Definition of B2B Loyalty
Suppliers Recast the Definition of B2B Loyalty
August 10, 2023  |  B2B Payments

Shawn Cunningham, managing vice president and head of Capital One’s trade credit operations, told PYMNTS in a recent interview that it’s time for companies to...

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PYMNTS Intelligence: Fixing the Tech Industry’s B2B Payments Experience
PYMNTS Intelligence: Fixing the Tech Industry’s B2B Payments Experience
August 08, 2023  |  B2B Payments

When it comes to digital technology, business-to-business (B2B) payments are well-known latecomers to the party, with advances in consumer payments far outpacing those of their...

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Regions Bank Debuts Business Bills, Communication Platform
Regions Bank Debuts Business Bills, Communication Platform
August 07, 2023  |  Commercial Payments

Regions Bank has introduced new ways for business clients to manage customer billing and communications. The company announced Monday (Aug. 7) that its business clients now have...

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