WORKING CAPITAL PLAYBOOK - A YAYPAY AND PYMNTS COLLABORATION

The accounts receivable (AR) space is changing rapidly.

Automation and dispute management technologies are being adopted by accounting teams, helping them handle workloads that would have previously been unmanageable.

However, there are still significant challenges. 93% of companies experience late payments from customers, with the average payment period lasting 34 days compared to expected terms of 27 days. What's more, the average organization writes off 1.5% of its receivables as bad debt, resulting in significant annual expenses.

In this Working Capital Playbook, YayPay and PYMNTS examine the importance of automation and predictive analytics and the transformative role these technologies play to improve finance processes and increase cash flow.
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INSIDE THE PLAYBOOK

 

  • INTERVIEW - with president Kyle Mitnick and CFO Jonathan Mosian of advertising agency Advertise Purple on how companies can avoid delayed payments and inaccuracies when handling AR processes.

  • NEWS & TRENDS - the latest working capital headlines, including how B2B payment fraud is rising and why 90% of B2B buyers would be willing to switch vendors.

  • DEEP DIVE - an in-depth examination of the challenges AR teams face - particularly in the wake of the pandemic - and how they can overcome them.

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