CFO.com: The CFO’s Guide to Automating Accounts Receivable
AR Technology is How CFOs Innovate Strategy
What the report covers:
The majority of CFOs see their primary role as managing cash and working capital. But they are often left confronting the challenges of paper-based processes, including lengthy Days Sales Outstanding (DSO), high overhead, and a lack of customer and sales analytics. In many cases, delays caused by paper invoicing alone represent about 60 percent of all AR costs.
E-invoicing resolves each of these issues and our new e-book explains how. “The CFO’s Guide to Automating Accounts Receivable” presents a clear path to accounts receivable automation and describes the benefits. Technology enables companies to analyze purchasing and payment patterns, and to create strategies based on real-time analyses. And that’s how today’s CFOs can best manage cash and working capital.
What you will learn:
- Cloud-based solutions eliminate investment in equipment
- 100% visibility into payment life cycle
- Reallocation of staff
- Outsourcing of credit & collections frees up resources