Reshaping A/R Collections Like a Pro

There is a major shift underway across A/R collection departments. CFOs now expect more from their teams than the day-to-day tasks of monitoring overdue invoices and resolving disputes. Instead, many teams now have to consider strategic activities—collections being chief among them.

Collections teams spend roughly half their time chasing clients and sending invoices, usually by way of inefficient and manual processes. But as collection teams are expected to do more sophisticated tasks in addition to their existing tasks, digital transformation is a must.

Collection teams are overburdened with increased job responsibilities and inefficient procedures. Companies that onboard digital tools that execute manual tasks and streamline more complex projects, is a win-win for all.

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Reshaping A/R Collections
2022 Corporate Finance Outlook – Webcast Panel DiscussionWebinar Tuesday, January 25

Nearly two years into the pandemic, the business and corporate finance outlook remains in constant flux. Domestic and global economics, new tax regulations and compliance requirements will prove challenging to Controllers, CFOs and corporate finance executives.

To understand and manage these uncertainties, learn from our subject matter experts in this upcoming webinar.