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

73% of Procurement Professionals Say Late Payments Strain Business Relationships

73% of Procurement Professionals Say Late Payments Strain Business Relationships
73% of Procurement Professionals Say Late Payments Strain Business Relationships
January 14, 2022  |  B2B Payments

Firms that have yet to digitize their accounts payable (AP) and accounts receivable (AR) processes are likely to be at more of a competitive disadvantage...

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61% of CFOs Say the Pandemic Helped Their Firms Digitize Internal Processes
61% of CFOs Say the Pandemic Helped Their Firms Digitize Internal Processes
January 12, 2022  |  B2B Payments

Most companies are digitizing their accounts receivable (AR) and accounts payable (AP) systems if they have not already done so, PYMNTS research finds. Get the...

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50% of Firms Identify High Operating Costs as an AR-Related Trouble Area
50% of Firms Identify High Operating Costs as an AR-Related Trouble Area
January 12, 2022  |  B2B Payments

Paper-based payment processes are slow and costly, and their use to collect receivables makes existing payment pain points even worse. The good news, however, is...

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Deep Dive: How AP Automation Can Lower Businesses’ Fraud, Processing and Labor Costs
Deep Dive: How AP Automation Can Lower Businesses’ Fraud, Processing and Labor Costs
January 12, 2022  |  Accounts Payable

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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60% of Travel & Tourism Businesses Find Vendor Payouts to Be A Hassle
60% of Travel & Tourism Businesses Find Vendor Payouts to Be A Hassle
January 11, 2022  |  B2B Payments

B2B payments between merchants and the end-providers of services are a fundamental part of the travel and tourism sectors. Get the Full Story Complete the...

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Corporate Accountants Tap Tech To Reduce Financial Statement Risk
Corporate Accountants Tap Tech To Reduce Financial Statement Risk
January 10, 2022  |  B2B Payments

While there’s a need for automation of manual tasks typically performed by junior accountants, there’s also demand for solutions for the sort of processes performed...

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Billtrust: 2021 Was the Year of Realization
Billtrust: 2021 Was the Year of Realization
January 10, 2022  |  Opinion

COVID-19 doesn’t seem to be going anywhere, says Steve Pinado, president of Billtrust. Given that reality, it’s time for finance teams to stop being reactive...

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49% of Firms Experience Fewer Late Payments After Automating AR Processes
49% of Firms Experience Fewer Late Payments After Automating AR Processes
January 07, 2022  |  B2B Payments

Digitizing business-to-business (B2B) payments data and managing it via enterprise resource planning (ERP) systems can improve collections, days sales outstanding (DSO) and operations. Get the...

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