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In Part 1 of the Rethinking Receivables blog series, we highlighted four strategies that all finance leaders should prioritize in 2023 in order to maintain a healthy cashflow and resilient business model. Why AR automation? Be sure to read Esker’s latest whitepaper, Rethinking Receivables to learn more. *
With the New Year right around the corner, it’s an opportune time for finance leaders to review, reassess and rethink their accountsreceivable (AR) strategies. Start up business team meeting working on digital tablet new business project. But this prompt is not simply some end-of-the-year contrivance.
AccountsReceivable automation has been increasingly adopted by businesses as a way to streamline their financial processes and optimise their cash flow. Many similar technologies are already in use for accounts payable (AP) departments, such as algorithms and AI to automate the processing of invoices received.
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