Title
Esker On Air S5 E2: 7 Strategies to Reduce DSO & Improve Cashflow
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 equation can actually create new inefficiencies, as accounts payable (AP) and accounts receivable (AR) processes are inextricably intertwined. Automating just one can result in departmental silos and ultimately hinder your ability to optimize working capital.
In this episode of Esker On Air, host Scott Leahy shares seven key strategies for optimizing cashflow. Listen now to discover why the need for digital transformation in Finance has increased, how uniting AP and AR through automation can improve cashflow management, and why Finance leaders need to act now in order to sharpen their organization’s competitive edge and ensure future success.
Author Bio
Taylor Bucher
As a Copywriter at Esker, Taylor uses her creative writing experience to write engaging marketing content that educates audiences on the benefits of automated business processes. If she’s not in the office, you’ll most likely find her exploring hiking trails, guessing the breeds of dogs she sees on the street and then asking the owner to see if she’s right, or catching a concert at a local music venue.
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