54% of businesses expect late payment. This staggering statistic reflects the reality of doing business these days. It’s also a likely driver behind the fact that 87% of enterprises are planning a legacy system modernization program in the next 1-2 years.
Outdated, manual systems don’t deliver the results expected these days. Worse, they can hinder growth. Given this, it’s hardly surprising that digital transformation across business has accelerated at an unprecedented rate in recent years. Remote working and contactless customer experiences have increased dramatically during the pandemic years. One person in a back office with a few spreadsheets just doesn’t cut it any more when it comes to best in class accounts receivables.
If you’re reading this then you’ve already started your journey toward automating accounts receivable. This guide will help you understand:
- If automated AR is right for your business
- The key benefits of automated AR
- How to select the right solution for your business
- Questions to ask to ensure a quick, successful integration