How to accelerate cash flow through accounts receivable collections automation

Discover six best practices for improving the efficiency of your accounts receivable collections function including automation and customer communications

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PEX Network
02/18/2021

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In 2020, SMEs spent more than 56 million hours chasing late payments which impacted their cash flow. Inefficient workflows represent substantial operational expenses and time that employees could instead use to conduct value-adding tasks such as customer relationship management.

This ebook provides information on best practices for improving the efficiency of accounts receivable collections to decrease days sales outstanding and accelerate cash flow. Key advices contained in this ebook includes tailoring communications with customers to ensure invoice payments are made and how to become more flexible with payment options to improve customer experience.

Download this ebook to:

  • Learn best practices to increase the efficiency of your accounts receivable collections function.
  • Understand the benefits of automation including lower days sales outstanding, faster invoicing and better customer experience.
  • Find out what manual processes are best suited for automation.

We respect your privacy, by clicking "Download Your Copy" you agree to having your details passed onto the sponsor who may promote similar products and services related to your area of interest subject to their privacy policy. You have the right to object. In addition, you will receive our e-newsletter, including information on related online learning opportunities. For further information on how we process and monitor your personal data, and information about your privacy and opt-out rights, click here.

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