News — AccountsReceivable

s The problems are analog. The paper check, the paper invoice, slow accounts receivable (AR) processes and collecting on aging receivables can be difficult for even the most seasoned AR professionals. But digital-era help is on the way. Michael Shields, business line executive at FIS, told PYMNTS in a recent interview that artificial intelligence (AI) can streamline and modernize the order-to-cash process and improve collections on outstanding invoices, freeing up resources for innovation and improving relationships between buyers and suppliers. Shields noted that accurately predicting anticipated invoice payment dates can have ripple effects throughout an organization. “No company is really...