Did you know that on average, a third of an organisation’s working capital is tied up in their accounts receivable?
But by automating AR processes, you can leverage internal funding sources, identify and access hidden cash, and improve your day sales outstanding (DSO).
As a core process in finance, accounts receivable needs to be ready for the digital future.
The time to invest in technology transformation is now – whether you are thinking about migrating to S/4HANA, moving to the cloud, or implementing new technologies such as AI and ML.
But business transformation always brings up a lot of new questions.
Does AR automation lead to more operational efficiency?
How can I improve my working capital