Working capital playbook - August edition
93% of companies experience late payments from customers. And the average organization writes off 1.5% of its receivables as bad debt, resulting in massive expenses each year.
The last 18 months highlighted the critical importance of liquidity and the fact that organizations cannot sustain these cash flow challenges.
Today, the accounts receivable (AR) space is changing rapidly. Finance leaders have kicked digitalization into overdrive to scale their teams, accelerate cash conversion and improve the customer experience.
INSIDE THE PLAYBOOK
INTERVIEW - with president Kyle Mitnick and CFO Jonathan Mosian of advertising agency Advertise Purple on how companies can avoid delayed payments and inaccuracies when handling AR processes.
NEWS & TRENDS - the latest working capital headlines, including how B2B payment fraud is rising and why 90% of B2B buyers would be willing to switch vendors.
DEEP DIVE - an in-depth examination of the challenges AR teams face - particularly in the wake of the pandemic - and how they can overcome them.
Download the August Working Capital Playbook to learn more.
