What Collaborative AR Really Means to Your Business
- 1 min read
There’s no shortage of AR teams looking to say goodbye to low-ROI manual work, delayed cash flow, and weak payment security. And while 93% of CFOs are already in the process of digitization, old-school AR practices still leave a huge gap between buyers and suppliers.
Versapay’s Collaborative AR Network solves this by connecting buyers and suppliers throughout the invoice to payment lifecycle, eliminating manual work, decreasing past-due invoices, and expediting payment speed. And above all, it dramatically improves customer experiences.
In this webinar, you'll learn:
- How transparency into outstanding invoices, available credits, and payment history makes for happier customers and reduces manual efforts by 50%
- Why direct communication with customers streamlines invoice disputes and reduces collections work, leading to a 30% decrease in past-due invoices and a 25% increase in payment speed
- How a collaborative approach leads to more meaningful interactions with customers—proven by an 80% adoption rate from our clients’ customers