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...
As Silicon Valley innovates with artificial intelligence, many companies remain burdened by outdated paper invoice systems.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...
More than 90% of mid-sized firms — those annually generating $3.5 million to $15 million in revenue — that plan to further automate their accounts payable (AP) and accounts receivable (AR) processes anticipate getting more accurate, efficient or streamlined processes. This technology-driven approach reduces the...
Automating accounts payable (AP) and accounts receivable (AR) can provide a crucial edge for mid-size firms. Most that have done so report increased efficiency and enhanced cash flow. Data further shows they see the need, as few think their manual systems are good enough. Less...
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 […]
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...
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As Silicon Valley innovates with artificial intelligence, many companies remain burdened by outdated paper invoice systems.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...
December 29, 2023
More than 90% of mid-sized firms — those annually generating $3.5 million to $15 million in revenue — that plan to further automate their accounts payable (AP) and accounts receivable...
September 19, 2023
Commercial payments platform Zil Money has integrated with cloud-based financial management software firm Sage Intacct. The collaboration, announced in a news release Tuesday (Sept. 19), “simplifies the financial operations of Sage Intacct users, allowing them to import invoices and payee lists effortlessly.” According to the release, the integration simplifies users’ workflow by automating tasks such as invoice imports to […]
August 21, 2023
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 software, Expert, used by most...
June 20, 2023
Unanet has introduced an accounts receivable tool for clients in the architecture and engineering sectors. The Virginia-based company announced the debut of its new accounts receivable (AR) automation functionalities Tuesday (June 20), saying...
April 25, 2023
Stripe has added new capabilities to its revenue and finance automation suite. The firm has made major upgrades to Stripe Billing and Stripe Tax, and has launched Stripe Revenue Reporting...
