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Does your head hurt thinking about how difficult it is to support your company’s accounts receivable (AR) goals with your current credit and collections management practices? These essential functions are challenging enough without the added problems of manual processes, outdated tools and siloed...
Imagine managing the credit department of a company and discovering that the payments you were expecting haven’t arrived. Frustrating, right? Now you have to send payment reminders to customers. Although it can seem like an annoying task, sending invoice payment reminders is essential to...
In just a few years, AI has gone from a futuristic concept to a must-have in the world of business software. ChatGPT is a household name, and nearly every software vendor claims to be “AI-powered.” But as businesses rush to keep up, one question often gets overlooked: Is all AI actually good AI?...
Your credit management team members are important protectors of your company’s risk exposure, cashflow and overall financial health. But maintaining the delicate balance between providing too much or not enough credit to your customers is even tougher when your team isn’t properly equipped....
As the world’s leading ERP, SAP® is encouraging its customers to move to a cloud-based version of the platform so they can take full advantage of all the functionalities they offer. If migrating to the cloud is the destination, RISE with SAP is how you get there — a comprehensive package of the...
Artificial intelligence (AI) has been a buzzword for years. In fact, the term has been thrown around so often that it’s almost lost its meaning. Even Hollywood couldn’t resist — Steven Spielberg’s A.I. Artificial Intelligence hit theaters back in 2001. Fast forward to today, and AI is more than...
Finance operations are no longer just about crunching numbers and overseeing transactions. Today’s CFOs are expected to steer businesses through uncertainty and drive operational efficiency, while at the same time identify new avenues for growth. This mission requires a blend of strategic vision,...
Choosing the right suppliers isn’t just about getting a good price, it’s about building the foundation of a resilient, sustainable supply chain that can support your business goals over time. For a Chief Procurement Officer CPO, defining a sourcing strategy is no longer just an operational issue,...
CFOs and Finance leaders make an extraordinary number of decisions every day — from budget allocations and risk assessments to headcount approvals and tech investments. And the pressure on these decision-makers is rising: 91% of Finance executives say they’re expected to make decisions “faster...
In an era of economic instability — fueled by geopolitical tensions, on-again, off-again trade policy shifts, and looming threats of an upcoming recession — order management and supply chain efficiency are critically important for businesses hoping to remain competitive, profitable and resilient...
The end of support for SAP® ECC in 2027 and the announcement of new features only available in S/4HANA Cloud means companies are feeling the pressure to migrate to S/4HANA sooner rather than later. While attending last month’s SAP Sapphire & ASUG Annual Conference, we had many conversations on...
In April, the team at Esker welcomed nearly 500 customers, prospects, partners, sponsors and employees to Chicago for Esker All Access, our company conference held every 18 months. It was a dynamic two days of learning and relationship building — and as May and June unfold, we’re reflecting on...
When a business sells goods or services on credit, it expects to be paid eventually — but that “eventually” can sometimes take longer than it should. That’s where collections come in. In accounts receivable (AR), collections is the process of recovering outstanding payments from customers....
Change is afoot, but that’s a good thing Gone are the days when CFOs merely managed balance sheets and ensured fiscal discipline. Today’s CFO is a dynamic strategist at the heart of shaping business direction and fueling growth. Beyond budget oversight they are architects of financial resilience:...
The days of a CFO only being responsible for balancing the books and managing risk are officially gone. As margins shrink and competitive pressures grow, companies are looking to the Office of the CFO to steer them towards sustainable growth. And with the rise of integrated financial platforms and...
In the realm of accounts payable (AP) automation, it’s not flashy spells or elaborate illusions that create the magic: It’s in the mastery of execution. Many companies rush to automate supplier invoice management, believing the right features alone will conjure success. But as any seasoned AP-...
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