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Treasurers who do business in Europe must be aware that the deadline for compliance with Single Euro Payments Area (SEPA) regulations is fast approaching. What may be less obvious, however, is that the changes SEPA requires in a company’s handling of credit transfers and direct debits present an excellent opportunity to improve processes throughout the accounts receivable (A/R) function. Some Eurozone businesses that handle a large number of transactions are leveraging SEPA compliance activities to achieve big boosts in efficiency.

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