We all know that cash is the lifeblood of businesses, and amid unstable economic conditions, right now smart finance professionals are cutting costs and looking for ways to optimize working capital. But even the savviest CFOs often overlook one of the most powerful tools for boosting working capital — automating accounts receivable.
We all know that cash is the lifeblood of businesses, and amid unstable economic conditions, right now smart finance professionals are cutting costs and looking for ways to optimize working capital. But even the savviest CFOs often overlook one of the most powerful tools for boosting working capital — automating accounts receivable.
Modern solutions for automating AR go beyond basic operational efficiency gains (though those are helpful too). Adopting a comprehensive cash management strategy with accounts receivable automation can actually help businesses unlock working capital and get the cash they need to survive and thrive.
Financial experts BC Krishna of Centime, and Bart Davis of 512 Financial share:
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BC Krishna
Bart Davis