Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Given the impact of the financial meltdown on corporate liquidity, treasurers are looking more closely at the accounts receivable process and exploring ways to integrate receivables. Companies today receive payments from many different places and in many ways, says Nancy Atkinson, a senior analyst at the Aite Group. “They may be mailed-in payments, Internet payments, voice payments, mobile payments–they may even be in person.” That makes it hard for companies to geta good view of receivables, and payments for business-to-business transactions are even more convoluted. A single B2B payment often covers multiple invoices, Atkinson notes, and can include exceptions and discounts the payer may–or may not–be entitled to. “The idea of the integrated receivables hub is one whose time has come,” she says.

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.