As businesses evolve, so do the challenges associated with managing receivables. The intricate landscape of increasing payment complexity and diverse methods, coupled with issues like data disparities and interoperability hurdles, present substantial pain points for businesses of all sizes. Additionally, businesses continue to struggle with human-produced input errors and more sophisticated fraud and cybersecurity threats.
Watch this illuminating webinar featuring Erika Baumann, Director of Commercial Banking & Payments at Datos Insights as she shares key insights from recent research on the importance of receivables management. This webinar is an educational session designed to empower business leaders with insights to understand the key trends shaping payments and the receivables management landscape, offering strategies for effective navigation and best practices.
Key Takeaways:
- Discover the importance of assessing your existing receivables processes to identify pain points that are creating inefficiencies, potentially resulting in competitive disadvantages.
- Explore the diverse benefits of receivables automation, extending beyond remittance matching.
- Learn which industry verticals are ahead of the curve in automation adoption and what other industry verticals can learn from this
- Recognize the significance of prioritizing not only core functionality, but also security and compliance features, when selecting a partner for receivables automation.
