The accounts receivable (AR) stakes are high for distributors and suppliers across all industries. There are high-dollar transactions on both sides of the payment, flowing from customers and to a company’s own suppliers. That means cash flow depends on the right balance of funds—and getting paid quickly.
For distribution companies falling victim to high Days Sales Outstanding (DSO), using an automated AR solution that provides digital-first payments processes will help. By introducing automated, integrated AR, distributor and supplier finance teams can strengthen their operations, enhancing cash flow in the process.
Our downloadable guide offers insight into how automation:
- Offers customers transparency
- Increases efficiency for internal finance teams
- Leads to more strategic and faster payments
