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

25% of B2B Payments Are Made by Check

25% of B2B Payments Are Made by Check
25% of B2B Payments Are Made by Check
January 05, 2022  |  B2B Payments

While digitization has been a nearly universal pursuit for chief financial officers (CFOs) in recent years, it has played out differently in various sectors. This...

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Report: CFOs See Digital AR/AP as Best Way to Boost Efficiency and Transparency
Report: CFOs See Digital AR/AP as Best Way to Boost Efficiency and Transparency
January 05, 2022  |  CFO

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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93% of Companies Experience Late Payments
93% of Companies Experience Late Payments
January 04, 2022  |  B2B Payments

Accounts receivable (AR) teams face notable challenges, especially if their companies continue to rely largely on manual processes. One of the biggest pain points is...

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81% of Firms Still Use Paper Checks to Pay Other Businesses at Least Occasionally
81% of Firms Still Use Paper Checks to Pay Other Businesses at Least Occasionally
January 03, 2022  |  B2B Payments

Although complications can arise from businesses’ continued reliance on paper-based payments, 81% of firms still use paper checks to pay other businesses at least occasionally,...

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74% of Millennial B2B Buyers Have Switched Vendors For Better Consumer-Like Experience
74% of Millennial B2B Buyers Have Switched Vendors For Better Consumer-Like Experience
January 03, 2022  |  B2B Payments

B2B companies are taking to digital channels to manage business functions, establish buyer or vendor relationships and handle critical payment functions. As they do so,...

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Aderant, LawPay Integrate Automated Online Payment Platform 
Aderant, LawPay Integrate Automated Online Payment Platform 
December 29, 2021  |  Partnerships

Global business management software company Aderant on Wednesday (Dec. 29) announced a partnership with law firm accounts receivable platform LawPay to fully automate and extend...

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New Data: 15% of Receivables Are Late
New Data: 15% of Receivables Are Late
December 28, 2021  |  B2B Payments

Firms making domestic and international business-to-business (B2B) payments face many challenges as they craft seamless order-to-cash (O2C) processes. The primary issue is information management; they...

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Financial Automation Hub LiveFlow Raises $3.5M
Financial Automation Hub LiveFlow Raises $3.5M
December 22, 2021  |  Investments

The financial automation hub LiveFlow announced this week it has raised $3.5 million in seed money in a funding round led by Moonfire Ventures.  Get...

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