In uncertain economic times, CFOs are turning to AR automation to unlock trapped working capital, identified as a key opportunity to improve cash flow. With the U.S. economy facing potential stagnation or stagflation, businesses seek ways to optimize their AR processes, which can free up a significant portion of the $1.7 trillion tied up in working capital. AR automation addresses inefficiencies and enhances forecasting, visibility, and process speed, contributing to strategic investments and growth. Modernizing AR through automation could unlock $533 billion in working capital, enabling businesses to navigate economic downturns more effectively.

Join for free to read