Technology plays a major role in delivering the invoices to customers electronically, and accepting payments in a wide rangeof modes. The American Productivity & Quality Center (APQC) has found that companies in the top quartile of invoicing accuracy are paid, on average, 19 days earlier than those in the bottom quartile.
Watch this video to learn how new technologies such as AI-powered Digital Assistants, and modern Payment and Customer Portals can auto-pilot a large portion of customers’ payments to:
- Accelerate cash flow
- Enhance customer service, and
- Reduce collection costs