AR has a direct impact on the cash conversion cycle, which is a key area of focus for treasury. Managing days sales outstanding (DSO) is both a measure of efficiency and a way of tracking cash usage at month-end, and treasury cares about DSO as well as liquidity throughout the month. Treasury and AR must work together thoughtfully in order to improve cash management operations, optimize cash flow, provide accurate forecasting numbers, and support an organization’s growth with grace. This fast-paced webinar will give practical ways for these two finance areas to collaborate on improvements.
[Atlanta, GA] — Strategic Treasurer and Corcentric recently released the results of the Modernizing AR Processing Survey. Results show a potential disconnect between corporations and their banks, rising concerns over receivables fraud, ongoing movement in lockbox locations and providers, and more.
This webinar discusses the survey results from the 2023 Modernizing Accounts Receivable Processing Survey. The survey explored the practices and plans of AR professionals, pain points, areas of increasing value and investment, and more. From reasons to move providers to challenges in achieving AR process modernization, the results covered in this webinar shed light on the current environment, the rates of change, and the ways your peers are responding to disruption and corporate goals.
Webinar: AR Leading Practices (Part 2): Identifying and Addressing Working Capital Needs | October 13
Managing working capital well is vital, but it isn’t always simple. As working capital needs shift in response to the environment, accounts receivable (AR) and treasury must work to identify the current needs and find ways to address them. This session will cover how to determine what is necessary for working capital in light of today’s various chaotic factors and will discuss leading practices and key changes to processes or technology that can improve working capital and efficiently address its current challenges.