What are your company’s A/R delinquency rates? A full 15% of business-to-business receivables are currently past-due. So says the new B2B Payments Innovation Readiness report, a collaboration between PYMNTS and American Express. Nobody wants to carry old agings into a new year. With a little more than a month to go in 2021, check out […]
Credit and Collections
The ever-growing, ever-changing realm of online sales tax has made the waters so muddy compliance can seem like an impossible task. Your fellow CFOs confirm that in the Future of E-Commerce Compliance: Part 1, by TaxJar. It shows where the greatest compliance hurdles lie now. And there are plenty of them! A staggering 88% of […]
Though it’s been three years since states gained the ability to tax online sales, some are still toying with their economic nexus thresholds.
Your A/R team can masterfully issue invoices and process payments, but have they fully developed more interpersonal, soft skills?
For CFOs, there’s nothing worse than finding out too late that a customer is financially distressed and can’t pay their bills.
With automation being a top priority for companies, you may want to do a pulse check on your A/R team’s modernization progress.
Finally! The last state holding out on economic nexus regulations for remote sellers and marketplace facilitators has pulled the trigger.
In a time of great uncertainty and lingering pandemic concerns, A/R must step up its game on assessing and reducing customer credit risk.
For CFOs, it’s vital to keep a pulse on the state of A/R and the challenges your team is facing – especially after the year they just had.