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Accounts receivable (AR) is a critical component of any business's balance sheet. It denotes the quantity of trade credit a company extends to its customers. The AR cycle has numerous steps, beginning with a new customer's onboarding
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