Accounts receivable (AR) management faces complexity due to several factors. Firstly, diverse payment methods from customers can create challenges in reconciling transactions and tracking outstanding balances accurately. Secondly, the presence of disputed invoices or unresolved issues adds to the workload of AR teams, requiring dedicated efforts for resolution. Lastly, fluctuations in customer payment behaviors and economic conditions can impact cash flow predictability, necessitating proactive strategies to mitigate risks.
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