White Paper

2024 AR and AP innovations: The AR function is changing in 2024. Are you ready?

2024 AR and AP innovations: The AR function is changing in 2024. Are you ready?

Pages 13 Pages

The white paper discusses innovations in Accounts Receivable (AR) and Accounts Payable (AP) for 2024. Key trends include increasing automation, especially through AI, to enhance efficiency and reduce errors in finance processes. E-invoicing and global mandates are reshaping the AR landscape, while data analytics are critical for optimizing operations. The focus on improving customer experience and reducing days sales outstanding (DSO) is emphasized, along with the need for businesses to adopt modern technology to stay competitive and support employee retention.

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