What’s your biggest challenge in accounts receivable?

Question

Efficient Accounts Receivable (AR) is an essential component of any organization’s financial health. Effective management of AR ensures that the company maintains a healthy cash flow, minimizes the risk of bad debt, and fosters strong customer relationships. One of the most powerful tools at a company’s disposal to enhance AR processes is analytics. By leveraging AR analytics, businesses can gain actionable insights into payment behaviors and collection effectiveness.

Answer 1

Reducing DSO