A/R Automation - What Are the Benefits of Accounts Receivable Automation

Automating your A/R process will reduce inefficiencies. Similarly, it will eliminate manual data entry errors and reduce transaction time. Adopting key performance indicators (KPIs) and defined capital metrics are also important.  

For instance, by adding standard revenue and profit tracking reports, you can easily have a clear picture for days sales outstanding (DSO), who is paying late, number of invoices passed through the system, collections rates made on bad receivables and collections made, your business gains the freedom to track your performance in real time. Read more...

Benefits of Accounts Receivable Automation

Automating your A/R process will reduce inefficiencies. Similarly, it will eliminate manual data entry errors and reduce transaction time. Adopting key performance indicators (KPIs) and defined capital metrics are also important.  For instance, by adding standard revenue and profit tracking reports, you can easily have a clear picture for days sales outstanding (DSO), who is paying late, number of invoices passed through the system, collections rates made on bad receivables and collections made, your business gains the freedom to track your performance in real time. Read more...

Accounts Receivable Automation Solutions - How Can AR Automation Save You Time and Money

Artificial Intelligence, Machine Learning, the advancement of technology. How does it affect you, and why should you care? 

Introducing yourself to new ways and ideas can enrich your day to day experience, freeing up time you once dedicated to manual inputs. 

Machine learning and (AI) Artificial Intelligence have been deployed are can automatically extract the remittance details to then match payments to invoices and apply cash with only a few clicks. Learn more about accounts receivable automation...

Payment Automation and Moving to ePayments

The Association for Financial Professionals (AFP) released a report in last September that found the use of paper checks in B2B payments actually increased in 2016. Yet, that said, experts still expect reliance on paper will fall in this year, as reported in an analysis from NACHA, released last June, which finds that accounts receivables (AR) executives anticipate ACH payments to surpass the check by 2020.

That may be why 2018 may go down in B2B payments history as the year the space saw an increase in attention from innovators. B2B payments have found the spotlight as companies recognize immense opportunity to address key points of resistance, with Deloitte estimating global B2B payments to reach $23.1 trillion, by 2020.

What do you need to do to move forward and change your ways from checks and how to do find the right partner? Read on...

Virtual Credit Cards – How to Create an Additional Revenue Stream

Creating an Additional Revenue Stream with Virtual Credit Cards

Technology offers some of the best solutions today for automating payments in your business.

Virtual cards are one of these solutions. Not only can virtual credit cards make your accounts payable process easier, vCards will also save you time and money.

Want to learn more? Download your free ebook on the benefits of using vCards

Read More from OnPay Solutions:

Video Blog: The Benefits of Virtual Cards

Cloud-based, bank-level secure, cost-effective, agnostic to your ERP and bank, revenue-generating.

Create an Additional Revenue Stream by Issuing Supplier Payments with Virtual Credit Cards

Many businesses today are leveraging technology to manage finances. Virtual Cards are one of the newest forms of electronic payments. With Accounts Payable, virtual cards can make your process inexpensive, fast and convenient, while providing a high level of security to your company.

Faster Cash: How Technology Will Accelerate Your Cash Flow

Faster Cash Accounts Receivable Webinar from OnPay Solutions. Learn More About How Technology Can Accelerate Your Cashflow: http://www.onpaysolutions.com/accounts-receivable-automation

B2B Payments - Reasons to Use Payment Automation

Why Checks Continue To Steal the B2B Payments Spotlight and How to Prepare to Move to ePayments

2018 may go down in B2B payments history as the year the space saw an increase in attention from innovators. B2B payments have found the spotlight as companies recognize immense opportunity. What do you need to move forward and away from checks, and how to do you find the right partner?

OnPay Solutions: The Road to CASH Management Transformation

Transforming CASH management doesn't require systems upgrades/changes. Get working capital with AP & AR Automations solutions that work with existing systems.…

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B2B Payments - Best Solutions for Automating Your Payments

There are many reasons to automation your B2B payments with vendors and suppliers. You can simplify your finance department's payment process and get huge returns on investment. Start with payment automation, and learn more from OnPay Solutions...

More Resources on B2B Payments and Payment Automation

Why Payment Automation?

Learn more about payment automation and why it can work for your company's accounts payable department.

Create an Additional Revenue Stream by Issuing Supplier Payments with Virtual Cards

Many businesses today are leveraging technology to manage finances. Virtual Cards are one of the newest forms of electronic payments. With Accounts Payable, virtual cards can make your process inexpensive, fast and convenient, while providing a high level of security to your company.

Futuristic B2B Payments: Virtual Cards, ACH and Accounts Receivable Challenges

B2B payments are evolving from paper checks to electronic payment delivery. This paradigm shift from paper checks to electronic is creating a new timeline for payment delivery. Virtual cards are among the latest in payment technology, and ACH payments are on the rise. Read more about AR automation.

B2B Payments - Best Solutions for Automating Your Payments

There are many reasons to automation your B2B payments with vendors and suppliers. You can simplify your finance department’s payment process and get huge returns on investment. Start with payment automation, and learn more from OnPay Solutions… 

Find out more about how payment automation can benefit your business: Get Your Free Overview!