Ar news and trends

Why Companies Want Accounts Receivables to Get Smarter and Faster Right Now

November 04, 2024
AR automation
Citi Begins Rollout of Integrated Digital Bill Discounting Solution
Accounts Receivable // October 28, 2024

Citi has launched an integrated digital bill discounting solution that it said helps users monetize receivables in less than an hour. The new Citi Digital Bill (CDB) is now available to Citi clients in the U.S., the U.K. and Ireland, the bank said in a...

Meta’s AI Shopping Gamble Tests Virtual Retail
artificial intelligence // October 25, 2024

Shoppers may soon browse digital clothing racks and try on virtual jewelry from their living rooms with the help of artificial intelligence (AI) as Meta pushes its vision of a new augmented reality headset. Retail analysts say the company’s combination of AI and augmented reality...

Optimizing Receivables Means More Than Managing DSO
Accounts Receivable // October 18, 2024

Of all the things a business needs, cash on hand is top of the list. And against today’s dynamic operational backdrop, financial health and operational efficiency can be defined by a three-letter metric: DSO, or days sales outstanding. DSO measures the average number of days...

59% of US Businesses Link Poor Cash Flow to Manual AR Processes
B2B Payments // October 17, 2024

As Silicon Valley innovates with artificial intelligence, many companies remain burdened by outdated paper invoice systems. This disconnect hinders efficiency and presents financial risks. With invoice volumes set to rise sharply, businesses must recognize that manual accounts receivable (AR) processes can no longer meet modern...

Interviews & Exclusives
Why Companies Want Accounts Receivables to Get Smarter and Faster Right Now

November 04, 2024
An object at rest stays at rest, Isaac Newton famously proved. And for many otherwise-savvy B2B businesses, the object most likely to be perennially obstructed by inertia tends to be their accounts receivable (AR) function. “As companies grow in size, they’re often manually trying to match payments and remittance through Excel spreadsheets and things that […]

Meta’s AI Shopping Gamble Tests Virtual Retail

October 25, 2024
Shoppers may soon browse digital clothing racks and try on virtual jewelry from their living rooms with the help of artificial intelligence (AI) as Meta pushes its vision of a...

Optimizing Receivables Means More Than Managing DSO

October 18, 2024
Of all the things a business needs, cash on hand is top of the list. And against today’s dynamic operational backdrop, financial health and operational efficiency can be defined by...

59% of US Businesses Link Poor Cash Flow to Manual AR Processes

October 17, 2024
As Silicon Valley innovates with artificial intelligence, many companies remain burdened by outdated paper invoice systems. This disconnect hinders efficiency and presents financial risks. With invoice volumes set to rise...

Quick Reads
Citi Begins Rollout of Integrated Digital Bill Discounting Solution

October 28, 2024
Citi has launched an integrated digital bill discounting solution that it said helps users monetize receivables in less than an hour. The new Citi Digital Bill (CDB) is now available to Citi clients in the U.S., the U.K. and Ireland, the bank said in a Monday (Oct. 28) press release. Citi plans to expand this […]

Meta to Shut Down Platform for Third-Party Augmented Reality Effects

August 27, 2024
Meta said Tuesday (Aug. 27) that it will shut down Meta Spark, its platform offering third-party tools and content, on Jan. 14. When the platform is shut down, the augmented...

US Bank and Billtrust Partner on AR Platform for Suppliers

July 23, 2024
U.S. Bank has introduced an automated, comprehensive accounts receivable (AR) platform designed for suppliers. The U.S. Bank Advanced Receivables platform was created in partnership with Billtrust and combines the bank’s...

Snapchat Adds AI-Powered Tools to Build AR Effects

June 18, 2024
Snapchat parent company Snap has launched new generative artificial intelligence (AI) tools that helps users create augmented reality (AR) effects. These tools will enable artists and developers to create AR effects...