Complexity caused by additional payment times is adding to historical pain points found in accounts receivable (AR). Poor processes and outdated technology impact every part of AR and create a negative echo effect on liquidity, scalability, efficiency and staff. This session will explain why the challenges have increased and examine ways that companies’ AR and treasury groups are revolutionizing cash application to great effect. The use of technology such as AI/ML, bots, and integration of data and processes are all changing AR. The theory will be supported by several select case studies to bring the concepts to the practical level.
With interest rates rising and other factors creating a complex economic environment, managing the cash conversion cycle and working capital efficiently is a major challenge for many organizations. While cash is always a priority, it’s often difficult to track and improve liquidity. This webinar will discuss ways of leveraging technology and using efficient organizational strategies to manage working capital effectively even with limited human resources. Topics covered will include the following:
Measuring what matters.
Building bridges internally.
Gaining exposure to payables and receivables departments.
Tools that allow you to move quickly.
Benefits of joint software and finance solutions.
You’ll hear industry experts discuss how you can pull the right levers to keep your business growing. This is a special, live-streamed webinar from Craig Jeffery’s panel discussion at the 2023 Working Capital Leadership Conference in Orlando, FL.