Stay One Step Ahead: How Accounts Receivable Can Help the Business Navigate Tough Economic Times

CFOs have always faced challenges in this global economy, but falling demand, tighter liquidity, and interest rate hikes have raised those challenges to new level. To combat this, companies increasingly turn to technology to optimize back-office functions, especially accounts receivable (AR), to accelerate cash flow. But automation and digitization alone won’t necessarily lead to success.

This white paper explores how CFOs are considering managed services as way to substantially improve their end-to-end AR processes. Managed services provide the people, technology, and financing that AR departments need to accelerate cash flow and optimize their cash conversion cycle.

• The reasons why automation solutions alone won’t lead to best-in-class AR results.
• How to immediately reduce Days Sales Outstanding (DSO) and realize cash flow certainty through managed service.
• The ways managed services enhances the customer experience.
• How working with managed service provider can reduce overhead and provide greater scalability.