Working Capital Tracker news and trends

Late Payments Plague 100% of Construction Companies
Accounts Receivable // December 06, 2023

Late business-to-business (B2B) payments are the bane of any accounts receivable (AR) department. The headaches caused by late B2B payments affect more than just the accountants, as the entire firm relies on incoming payments to remain solvent. Any delay can have momentous downstream ramifications regarding...

Companies With AI-Driven Strategies Outcompete Peers, Study Finds
Artificial Intelligence // November 28, 2023

The payments industry has been a latecomer to the financial technology revolution. Many companies still use legacy accounts receivable (AR) processes marked by an overwhelming reliance on manual procedures. Now, the industry is at a crossroads, facing a technological advancement that promises to leave no...

84% of Business Leaders Believe Generative AI Will Positively Impact the Workforce
Artificial Intelligence // October 31, 2023

Businesses face uncertain times, with high borrowing costs and late payments igniting an urgent need to reduce operating expenses and improve cash flow. One key solution is upgrading and streamlining costly legacy and manual methods that still comprise the bulk of business-to-business (B2B) payment processes....

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Late Payments Plague 100% of Construction Companies

December 06, 2023
Late business-to-business (B2B) payments are the bane of any accounts receivable (AR) department. The headaches caused by late B2B payments affect more than just the accountants, as the entire firm relies on incoming payments to remain solvent. Any delay can have momentous downstream ramifications regarding cash flow — including but not limited to late payroll […]

Companies With AI-Driven Strategies Outcompete Peers, Study Finds

November 28, 2023
The payments industry has been a latecomer to the financial technology revolution. Many companies still use legacy accounts receivable (AR) processes marked by an overwhelming reliance on manual procedures. Now,...

84% of Business Leaders Believe Generative AI Will Positively Impact the Workforce

October 31, 2023
Businesses face uncertain times, with high borrowing costs and late payments igniting an urgent need to reduce operating expenses and improve cash flow. One key solution is upgrading and streamlining...