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)

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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Nearly One-Third of Healthcare Providers Are Waiting for $100K+ in B2B Payments
Nearly One-Third of Healthcare Providers Are Waiting for $100K+ in B2B Payments
May 01, 2024  |  Healthcare

Late business-to-business (B2B) payments aren’t just a headache for the people in the accounts receivable (AR) department; for some businesses, past due payments can mean the difference...

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B2B Virtual Cards Move Buyer-Supplier Relationships From Manual to Meaningful
B2B Virtual Cards Move Buyer-Supplier Relationships From Manual to Meaningful
May 01, 2024  |  B2B Payments

Building a successful business rarely happens on an island or in a vacuum. Typically, success comes from successful business relationships — and when one thinks about B2B relationships, at...

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81% of Small Businesses Get Paid via Ad Hoc Payments
81% of Small Businesses Get Paid via Ad Hoc Payments
April 30, 2024  |  SMBs

Eight in 10 small- to medium-sized businesses (SMBs) get paid via ad hoc payments for the goods and services they provide to larger organizations. The...

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Sovos Adds Indirect Tax Solution for Global Enterprises
Sovos Adds Indirect Tax Solution for Global Enterprises
April 30, 2024  |  Taxes

Sovos has launched a solution designed to modernize how companies meet global indirect tax obligations. The new Indirect Tax Suite is part of the Sovos Compliance Cloud and...

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Boost CEO: Cleaning Up Manual Payments Drives Business Certainty
Boost CEO: Cleaning Up Manual Payments Drives Business Certainty
April 30, 2024  |  B2B Payments

In the midst of chaos, there is also opportunity. That quote, from Sun Tzu’s “The Art of War,” dates to the fifth century B.C. But it is just as...

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Only About 60% of Middle-Market Firms Get Paid Using Virtual Cards
Only About 60% of Middle-Market Firms Get Paid Using Virtual Cards
April 29, 2024  |  B2B Payments

Many middle-market businesses operate in a world of heightened uncertainty, but PYMNTS Intelligence data found that payment solutions such as virtual cards can help mitigate...

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