Embracing an automated approach to accounts receivable (AR) can pay off in spades for chief financial officers (CFOs) and treasurers. “Manual AR processes can take a lot of time,” R.J. Ancona, VP and GM, B2B product, partnerships and client management of merchant services at American...
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...
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...
Bill360 will add new features to its accounts receivable (AR) automation platform that will enhance the invoice email process, increase protection against credit card fraud and make paying invoices easier for buyers. The platform is designed for accountants and their B2B small- to medium-sized business...
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...
In a world where time is money, the ability to streamline contracting and payment processes is more than just a convenience — it’s a competitive advantage. Contracting and payment processes are notorious for being cumbersome, time-consuming and often riddled with inefficiencies. From the initiation of...
It’s almost 2025, but many enterprise firms are still chasing paper when it comes to their accounts receivable (AR). When faced with the choice between being buried in mounting piles of invoices or embracing the streamlined benefits of paperless processes, many organizations frequently choose to...
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 payment and risk management capabilities with Billtrust’s AR technology, the bank said in a Tuesday...
Commercial payments are never just payments. More than the money movement itself, business payments comprise the workflows and data surrounding and supporting them. Ultimately, commercial payments help define and dictate the end-to-end experience a business can provide its customers. “Helping our customers move to a...
