How to improve cash flow by automating accounts receivable collections

A CFO guide to overcome the challenges of building or scaling collections teams through automated platforms

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PEX Network
05/10/2021

team meeting in office

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Building and scaling an effective collections team can be a struggle for companies as the process of recruiting, hiring and training new workers in the accounts receivable (AR) department requires a significant amount of investment in time and resources from management.

AR teams deal with numerous, often complex, tasks on a daily basis and are regularly required to handle multiple tasks simultaneously to ensure that processes run smoothly. Cash flow issues caused by poor collections processes can arise in companies that do not have a handle on AR time management.

To overcome the numerous challenges of building or scaling AR teams, such as employee turnover and measuring performance, CFOs can focus on implementing automated platforms that will help streamline processes.

Download this guide to discover:

  • What are the primary challenges of scaling collections teams and measuring their performance to ensure they can support the increased workload.
  • How automated technology can reduce the administrative workload and create consistency across your operation for more efficient AR collections.
  • Real-world case studies of how organizations have built or scaled successful AR teams.

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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