Overcoming the Holistic Cash Flow Challenge
The barriers that are preventing companies from achieving a real-time view of cash flow and how to conquer them.
What the infographic covers:
Trying to stay competitive and boost cash flow can sometimes feel like a game where the finish line is impossible to reach. There are several challenges standing in the way of organizations having a real-time view of their cash flow and working capital. According to a commissioned study conducted by Forrester on behalf of Corcentric, these are the top three roadblocks:
- Lack of internal talent/and or bandwidth to understand how to do this well (54%)
- Lack of payment digitization (51%)
- Lack of AR and/or AP automation (49%)
This infographic breaks down additional obstacles finance leaders face when trying to maximize their bottom lines and how a partner like Corcentric can help you overcome the holistic cash flow challenge.