When a business sells goods or services on credit, it generates an invoice. Until it’s paid by the customer, this invoice is considered accounts receivable (AR) — money the business expects to collect in the future.
The central role of AR...
Fifteen years ago, over 65% of U.S. payments were made by check. This has dropped to around 33%, but check usage remains high in certain industries like wholesale distribution, where it exceeds 60%. These sectors serve small subcontractors, medical...
Reducing DSO, even slightly, can go a long way toward improving financial health. There are several strategies to reduce DSO and improve an organization’s cashflow, including AI-driven automation. However, automating just one side of the cashflow...
In today’s fast-paced business environment, managing collections efficiently is crucial for maintaining healthy cashflow and minimizing manual workload. Collections management automation offers a solution by streamlining processes, reducing errors...
Let’s face it — fraud isn’t going anywhere. With the rapid advancements of technology, the risk of fraud is only increasing. According to the 2023 AFP Payments Fraud and Control Survey, 65% of respondents indicated that their organizations were...
Esker is pleased to be recognized in a new Digital World Class Matrix™ by The Hackett Group®, which ranks and analyzes 18 leading customer-to-cash (C2C) software providers on their ability to support global and complex clients, data...
Credit management is a vital function for any business that deals with customers and suppliers. It involves assessing the creditworthiness of potential and existing customers, setting and enforcing credit policies and terms, monitoring and...
Control what you can control.
It’s a mantra that many accounts receivable (AR) departments would be wise to observe.
With so many external factors impacting cashflow (high interest rates, elevated inflation, etc.), the last thing today’s AR leaders...
Virtual cards are the fastest growing segment of the commercial card market, growing at a staggering rate of 20% per year. Experts estimate that virtual cards will account for up to 52% of U.S. mid- to large-market commercial card spend, equating...
Today’s businesses are facing some stiff economic headwinds, with high interest and inflation rates, a challenging labor market, and an unpredictable global supply chain among the most pressing issues.
What it all means for our collective economic...
10/30/24When a business sells goods or services on credit, it generates an invoice. Until it’s paid by the customer, this invoice is considered accounts receivable (AR) — money the business expects to collect in the future. The central role of AR...
06/20/24Fifteen years ago, over 65% of U.S. payments were made by check. This has dropped to around 33%, but check usage remains high in certain industries like wholesale distribution, where it exceeds 60%. These sectors serve small subcontractors, medical...
06/06/24Reducing DSO, even slightly, can go a long way toward improving financial health. There are several strategies to reduce DSO and improve an organization’s cashflow, including AI-driven automation. However, automating just one side of the cashflow...
06/04/24In today’s fast-paced business environment, managing collections efficiently is crucial for maintaining healthy cashflow and minimizing manual workload. Collections management automation offers a solution by streamlining processes, reducing errors...
05/14/24Let’s face it — fraud isn’t going anywhere. With the rapid advancements of technology, the risk of fraud is only increasing. According to the 2023 AFP Payments Fraud and Control Survey, 65% of respondents indicated that their organizations were...
04/04/24Esker is pleased to be recognized in a new Digital World Class Matrix™ by The Hackett Group®, which ranks and analyzes 18 leading customer-to-cash (C2C) software providers on their ability to support global and complex clients, data...
03/05/24Credit management is a vital function for any business that deals with customers and suppliers. It involves assessing the creditworthiness of potential and existing customers, setting and enforcing credit policies and terms, monitoring and...
02/15/24Control what you can control. It’s a mantra that many accounts receivable (AR) departments would be wise to observe. With so many external factors impacting cashflow (high interest rates, elevated inflation, etc.), the last thing today’s AR leaders...
11/16/23Virtual cards are the fastest growing segment of the commercial card market, growing at a staggering rate of 20% per year. Experts estimate that virtual cards will account for up to 52% of U.S. mid- to large-market commercial card spend, equating...
10/31/23Today’s businesses are facing some stiff economic headwinds, with high interest and inflation rates, a challenging labor market, and an unpredictable global supply chain among the most pressing issues. What it all means for our collective economic...