In ten years’ time, companies will probably still be working towards faster processing and enhanced business intelligence through automation and artificial intelligence (AI). It will be the new normal to store data in a single digital repository so that accounts receivable (AR) teams have easy access to real-time, accurate data for matching payments, deduction handling, […]
More than two-thirds of credit and collections professionals report that overdue Accounts Receivable (A/R) averages are greater than 10% of their portfolio, according to the FIS 2019 Credit and Collections Market Report: Modernising Credit-to-Cash with Artificial Intelligence that surveyed more than 100 credit and collections professionals. Of the respondents 78% report that over the past […]
Credit and collections, or customer to cash management, is an integral part of every company’s drive to improve cash flow. It has only been relatively recently that corporations have truly invested time and resources into improving this main component of a flourishing organisation, however. The most successful companies are leading the way in modernising their […]
