Finance executives across mid-sized companies are working to streamline their finance functions in 2022. But for fast-growing firms, closing accounts receivable (AR) sooner still may pose a problem. With the emerging digital business requirements, there is a need to plug in the receivables gap. A study by PYMNTS shows that 75% of firms want to automate AR processes in the new normal. Finance leaders must identify and explore methods that can generate a positive bottom-line impact.
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