B2B Payments Innovation Readiness

NEW DATA: AR Automation Makes Or Breaks Firms' Collection Cycles Firms that have automated their accounts receivable (AR) see a 23 percent improvement in prioritizing collections compared to those tapping manual methods — giving them crucial cash flow insights that can impact their very survival. In the B2B Payments Innovation Readiness Playbook, PYMNTS surveyed 460 businesses of all sizes to examine how AR automation can help firms unlock faster payment acceptance and shorter payment terms.
Inside the March Playbook
  • 49 percent: Portion of overall firms that experience lower delinquency rates from automating AR processes
  • 71 percent: Portion of advertising firms that express improved collections following AR automation implementation
  • 28 days: Average payment term for firms with manual AR processes

B2B Payments Innovation Readiness Playbook

B2B Payments Innovation Readiness
B2B Payments Innovation Readiness
B2B Payments Innovation Readiness