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With U.S. interest rates rising, companies are expected to pay more attention to wringing the most cash possible out of receivables and payables. As they do, technologies ranging from electronic invoicing to integrated receivables are expected to smooth the way.

Working capital metrics have deteriorated in recent years, according to The Hackett Group, which produces an annual benchmarking study based on financial statements of the 1,000 largest U.S. publicly traded nonfinancial companies.

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