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)

100 CFOs Say That Businesses With AR Frictions Must Either Automate or Fall Behind
100 CFOs Say That Businesses With AR Frictions Must Either Automate or Fall Behind
July 17, 2023  |  Accounts Receivable

The accounts receivable (AR) function of a business relies on timely payment for goods and services provided, which can help optimize the cash conversion cycle...

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Visa’s Koenigsberg: Today’s Middle-Market Firms Give Rise to Tomorrow’s Enterprise Juggernauts
Visa’s Koenigsberg: Today’s Middle-Market Firms Give Rise to Tomorrow’s Enterprise Juggernauts
July 13, 2023  |  Loans

Today’s middle-market companies are tomorrow’s investment-grade companies. But as Alan Koenigsberg, senior vice president and global head of large, middle market, treasury and working capital solutions...

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Only 17% of Small Firms Are Reaping Benefits of Automating Accounts Receivables
Only 17% of Small Firms Are Reaping Benefits of Automating Accounts Receivables
July 06, 2023  |  Accounts Receivable

Accounts receivable (AR) automation is transforming corporate finance operations by providing enhanced efficiency, speed and accuracy in payments handling. However, the adoption of AR automation...

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PYMNTS Intelligence: Technology Is Yielding Better Working Capital Results
PYMNTS Intelligence: Technology Is Yielding Better Working Capital Results
July 05, 2023  |  Spend Management

Businesses have turned to a number of potential solutions to address cash flow. In the United States, 60% of small to midsized businesses (SMBs) in...

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Why Old Accounts Receivable Systems Cost Firms New Business
Why Old Accounts Receivable Systems Cost Firms New Business
June 30, 2023  |  B2B Payments

There’s a reason that business processes get the “consumer” treatment, not the other way around. And it isn’t just because the cart can’t drive the...

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Unanet Unveils AR Automation Tool for Architects and Engineers
Unanet Unveils AR Automation Tool for Architects and Engineers
June 20, 2023  |  Accounts Receivable

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...

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Corcentric Raises $315 Million Credit Facility to Grow Procurement Solution
Corcentric Raises $315 Million Credit Facility to Grow Procurement Solution
June 13, 2023  |  B2B Payments

Procurement and billing solutions firm Corentric has raised $315 million in capital. The funds, announced Tuesday (June 13), are in the form of a $250...

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47% of SMBs Say Lack of AR Transparency Hinders Operations
47% of SMBs Say Lack of AR Transparency Hinders Operations
June 09, 2023  |  Accounts Receivable

Being able to receive B2B payments quickly and easily is vital to businesses’ financial health, but many small businesses face friction with receiving them. The...

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Payments Automation Helps Main Street Navigate Economic Challenges
Payments Automation Helps Main Street Navigate Economic Challenges
May 31, 2023  |  Innovation

Companies that invested in technology to improve working capital transparency during the pandemic saw overwhelmingly positive results. Seventy-seven percent of surveyed CFOs said they saw...

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