The Challenges of Managing Accounts Receivable
Businesses today face many challenges when it comes to their invoicing and accounts receivable process. Some of the common challenges include: difficulty matching payments to invoices, constantly having to resend copies of invoices, fielding many customer inquiries about invoices, offering a customer experience that is less than expected, unable to accept credit card payments in a secure environment, receiving late payments and rising Days Sales Outstanding (DSO).
This video highlights some of the key challenges that Accounts Receivable and Accounting practitioners face and how they can address them using VersaPay’s ARC.
Interested in learning how AR automation can help you overcome these challenges? Click here to watch our recent video.