For long, Accounts Receivable (AR) has been a critical aspect of businesses pertaining to purchasing and increasing cash flow. As a vital operational function, AR systems and software are employed to ensure that invoices go out on time, and payments are made according to the agreed-upon terms. Apart from focusing on revenues, net income, and earnings per share, investors can investigate a business’s revenues and profits and determine how well they are controlling expenses and maintaining adequate cash flows by analyzing the accounts receivable. Enterprises are increasingly adopting cloud-based accounts receivable management software to man the accounts receivable department at a lower cost while offering more services. When adopting new techniques, it is vital for enterprises to choose the best accounts receivable solutions and services that extend the ability to assess their business needs and bring about the desired outcomes.
To assist enterprises in this task, CFO Tech Outlook has compiled a list of top 10 accounts receivable solutions and services companies that are on a relentless pursuit to ideate, create, and implement AR solutions and services across diverse industries. These companies specialize in navigating their clients through the complex labyrinth of AR and help them improve collections, along with their lifecycle, from order to cash. Equipped with innovative technological capabilities, these solution and service providers can effectively implement the best account receivables practices and deliver frequent analysis, automation, reporting, improved communication, and flexibility. This edition also blends thought leadership articles from subject-matter experts with real-life stories, including exclusive insights from CIOs and CXOs.
In leafing through this edition of CFO Tech Outlook, your enterprise stands on the cusp of benefitting from AR solutions and services, forging a potentially long-term partnership with a reliable solution and service provider.
We present to you CFO Tech Outlook’s “Top 10 Accounts Receivable Services Companies 2019.”