Remote work has impacted accounts receivable (AR) teams.
Communication and in-person collaboration is far harder in a remote working environment. For AR teams, this means difficulties managing customer relationships and specifically, ensuring payments are made on time.
AR automation is being used to overcome these challenges. 93% of firms are integrating digital technologies into their finance function to improve team efficiency, process payments faster and enhance the customer experience.
Download the October Working Capital Playbook, developed in collaboration with PYMNTS, to learn the latest in the world of AR and how organizations can keep up with evolving industry challenges to remain competitive.