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

Teal Raises $8 Million to Build Accounting Infrastructure for SaaS Businesses
Teal Raises $8 Million to Build Accounting Infrastructure for SaaS Businesses
May 20, 2024  |  Investments

Teal raised $8 million in seed funding to build its accounting infrastructure for vertical software-as-a-service (SaaS) businesses. The company’s APIs and tools allow these businesses to...

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Government Mandates Will Force Business Payments Modernization
Government Mandates Will Force Business Payments Modernization
May 20, 2024  |  B2B Payments

Change is inevitable, and businesses that initiate change have the best opportunity to manage it. That’s why embracing payments modernization is so important for organizations, particularly with...

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Instant B2B Payments Reshape Buyer-Supplier Dynamics
Instant B2B Payments Reshape Buyer-Supplier Dynamics
May 10, 2024  |  B2B Payments

The B2B payments landscape is uniquely large, and largely unique. Responsible for around $125 trillion in annual volume, the B2B payments marketplace is defined by...

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Digital Payments Help Construction Firms Overcome Manual Misery
Digital Payments Help Construction Firms Overcome Manual Misery
May 09, 2024  |  Digital Payments

The construction industry is a critical one, but it has a giant problem: late payments. In a sector where cash flow couldn’t be more important to firms’ survival, slow and...

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Corpay Streamlined Its Name, Sets Eyes on Streamlining Corporate Payments 
Corpay Streamlined Its Name, Sets Eyes on Streamlining Corporate Payments 
May 08, 2024  |  Earnings

Keeping it simple can often pay off in spades down the line.  That’s the tack that the company formerly known as FLEETCOR Technologies hewed to this March...

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CTS Systems Adds Corcentric’s Managed AR to Travel Booking Platform
CTS Systems Adds Corcentric’s Managed AR to Travel Booking Platform
May 08, 2024  |  Accounts Receivable

CTS Systems has integrated Corcentric’s Managed Accounts Receivable (AR) services into its travel booking platform.  With this integration, the CTS Systems platform will offer corporate travel agents and...

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Virtual Cards Close Middle-Market Cash Flow ‘Unpredictability Gap’
Virtual Cards Close Middle-Market Cash Flow ‘Unpredictability Gap’
May 07, 2024  |  B2B Payments

Virtual cards are at a tipping point. That’s the sentiment expressed by several finance leaders in the B2B space, as the current environment of stubborn...

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Paymentus: Surge in Transactions Signals Bill Pay’s Digital Shift
Paymentus: Surge in Transactions Signals Bill Pay’s Digital Shift
May 06, 2024  |  Earnings

Paying bills is rarely fun. And it’s not just that — paying bills is also rarely easy, especially as a business.  That’s why, across today’s...

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Many Smaller SMBs Opt to Process Ad Hoc Payments Manually — and It’s Costing Them
Many Smaller SMBs Opt to Process Ad Hoc Payments Manually — and It’s Costing Them
May 06, 2024  |  Accounts Receivable

Fifty-seven percent of the total accounts receivable (AR) transactional volume flowing into the coffers of small to mid-sized businesses (SMBs) comes in the form of nonrecurring,...

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