Working capital playbook - November edition

A remote workforce introduced new headaches for accounts receivable (AR) teams, with more businesses experiencing payment errors and delays.

Efficient AR processes are a necessity for businesses. Firms must ensure that money arrives on time and is in the right place for corporate uses, including payroll, vendor payments or cash management purposes. 

In this playbook, YayPay and PYMNTS explore the benefits remote AR teams can reap using automation. 87% of firms reported gains in overall process speed, 75% said their customer service had improved, and the average automated business sees a 7 day reduction in days sales outstanding (DSO).