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Accounts Receivable Automation Accelerates the Close

Accounts Receivable Automation Accelerates the Close

The report emphasizes the need for automating accounts receivable (AR) processes to boost productivity and control in finance. AR automation speeds up financial closing, reduces manual tasks, and improves accuracy. It supports "continuous accounting," spreading workloads and enhancing efficiency. By streamlining cash applications and improving customer relationships, AR automation reduces financing costs, increases cash flow, and strengthens financial performance. Ventana Research recommends prioritizing AR automation for its benefits in operational intelligence, process control, and attracting top talent.

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