Accounts receivable (AR) is no second-rate department. Not only is it usually the largest company asset, it deals directly with customers and cash flow things businesses cant do without. You'd think internal AR processes would be on the cutting edge of innovation, right? Yeahhh not so much.
While departments like sales, marketing and payroll have embraced the use of software solutions, AR has been slow to catch up, with many still relying on sticky notes, calendar reminders and spreadsheets to manage post-sale collections activities.
Read this eBook to discover how automation can:
Be a complementary tool that eliminates tedious tasks
Be multi-dimensional, in that its usage can be extended into other areas of AR
Drive repeat sales and allow you to get paid faster
Download the eBook now to discover more about Accounts Receivable Automation!
Published By: Riversand
Published Date: Oct 30, 2017
MDM can add value to the business in many different ways. It most often does so indirectly, as an enabler for other business and IT initiatives. Some of these areas of potential benefit support shorter-term or tactical efforts at helping the business operate more efficiently that is, they help to reduce the cost bases to "run the business." Some benefit areas of MDM are related more to helping users "grow the business." That is, they help to increase the revenue and market share within a given business model or framework. Yet other areas of opportunity fall into the "transform the business" arena for example, allowing customer support representatives to perform inside sales activities enabled by trusted customer and product master data.