The State of Accounts Receivable Digitization in Manufacturing

Wakefield + Versapay

April 17th, 2023

350 C-level executives in manufacturing weigh-in on the challenges their AR teams face and the digital solutions they're looking at to solve them.

Inside peek at the State of Accounts Receivable Digitization in Manufacturing report

What to expect from the report

This report explores how manufacturers are digitizing their AR departments to add efficiencies to help overcome the immediate challenges impacting their businesses today. In it, you'll learn:

✓ The benefits manufacturers seek in digitizing accounts receivable

✓ What's causing invoice disputes among manufacturers’ customers

✓ How a lack of collaboration increases challenges for AR and AP teams

✓ Why digital transformation efforts must solve the AR Disconnect 

✓ And more

Take a peek inside the report

Stat 96

... of manufacturers say work is left to do to digitize their accounts receivable processes

Stat 95

... of manufacturers agree that to reach peak performance, every department needs to digitize

Stat 87

... of manufacturers say that poor communications between AR teams and customers has led to collecting less than owed

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The State of Accounts Receivable Digitization in Manufacturing report displayed on a tablet

About the research

The State of Accounts Receivable Digitization in Manufacturing was conducted by Versapay and Wakefield Research among 350 US C-level executives at companies in manufacturing, construction, utilities, and energy industries with a minimum annual revenue of $100m USD.

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