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In the world of business, maintaining a healthy cash flow is crucial for sustained success. However, the order-to-cash cycle presents challenges in the form of deductions, which can impede cash flow and strain customer relationships. Understanding the
Introducing a reliable and effective B2B payment processing and cash management system into the business can be a bit of a daunting task. But don’t sweat it! With the right tools, anyone can understand the complexities of
Any decision-maker of a business might have found themselves looking at huge piles of cash and thinking to themselves: "Man, I wish there was an easier way to manage this!" Well, if that's the case, then rejoice
With fraud and theft on the rise, the FBI has reported that since 2014, Business Email Compromise (BEC) and invoice fraud have cost U.S. businesses over $2 billion across all fifty states and 177 countries. Therefore companies
Automation is quickly becoming the norm in nearly every area of financial services, from customer experience to internal operations. In particular, automated collection, reconciliation and automated dunning offer a range of advantages for businesses. By leveraging automation
Cash flow can be the difference between success and failure in business operations. Therefore, there is a need to implement a modern B2B cash management solution to ensure adequate cash flow. Sometimes businesses face cash flow problems
The first wave of automation in finance happened in the 90s, with the popularization of enterprise resource planning systems or ERPs. The finance function has since evolved, with the COVID-19 global pandemic speeding up the transformation of
The global pandemic offered a tough choice for enterprises around the world: innovate or get left behind. As the ‘new normal’ rendered many conventional financial practices obsolete, organizations realized that they must harness the power of financial
Holistic enterprise solutions are the second wave of automation in finance after ERPs which came more than two decades earlier TOC Financial Automation: The Demand Rises Changing dynamics in Finance Operations ERP: The Roadblocks CMS vs ERP
Cash management services are critical in a business, especially with different business systems. As a result, companies are changing how they make B2B payments. Most businesses are integrating B2B cash management software into their operations to improve