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

72% of Firms Say AR Automation Reduced Operating Costs

72% of Firms Say AR Automation Reduced Operating Costs
72% of Firms Say AR Automation Reduced Operating Costs
January 20, 2022  |  B2B Payments

Accounts receivable (AR) teams are leveraging technology to meet the demands of today’s remote economy. Automating routine AR processes can be a critical step in...

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B2B Payments Company Billtrust Tops $1B in Invoices
B2B Payments Company Billtrust Tops $1B in Invoices
January 20, 2022  |  B2B Payments

The B2B accounts receivable automation and integrated-payments company Billtrust says it surpassed $1 billion in supplier invoices delivered to accounts payable (AP) portals in 2021....

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Want to Keep Customers? Digitize Your AR/AP Functions
Want to Keep Customers? Digitize Your AR/AP Functions
January 19, 2022  |  CFO

While the movement to digitize payments was underway long before anyone hear the term “COVID-19,” the pandemic gave digitization a new urgency as companies looked...

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Plastiq: 2021 Was the Year of Acclimation
Plastiq: 2021 Was the Year of Acclimation
January 19, 2022  |  Opinion

Last year may well have sounded the death knell for paperwork as we know it, says Stoyan Kenderov, chief product and technology officer at Plastiq....

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AP Automation Is Going for the Ecosystem Play to Take the Hassle out of Hybrid Work
AP Automation Is Going for the Ecosystem Play to Take the Hassle out of Hybrid...
January 19, 2022  |  Connected Economy

Even as digitization roared through 2021, it wasn’t at all unusual to find firms still sending paper invoices and appointing staffers to print checks, bringing...

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19% of Technology Firms Say Financial Fraud is Their Top Accounts Receivable Pain Point
19% of Technology Firms Say Financial Fraud is Their Top Accounts Receivable Pain Point
January 18, 2022  |  B2B Payments

Some universal challenges impact accounts receivable (AR) effectiveness across sectors, such as payment delays and complications around processing different forms of payments. However, the intensity...

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49% of Businesses Report AR Technology Improved Collections
49% of Businesses Report AR Technology Improved Collections
January 17, 2022  |  B2B Payments

Delayed business-to-business (B2B) payments are a considerable source of pain for suppliers, and many are becoming more sensitive to the fact that paper-based payment methods...

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Companies Look Beyond Hype, Show Preference for AP Solutions That Work
Companies Look Beyond Hype, Show Preference for AP Solutions That Work
January 17, 2022  |  B2B Payments

At a time when there’s both an expanding economy and a labor shortage, businesses are finding it difficult to handle the volume of transactions, alongside...

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