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Articles by Function4

Today’s a Good Day for AR Automation

July 6th, 2021 by Diana Eagen

Today’s a Good Day for AR Automation

In an increasingly uncertain world, getting everyone to maintain sustainability and cash flow is essential. Most companies face a wait time receiving customer payments that could range anywhere from 30 to 90 days to even longer. Payment delays...

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Posted in: Automation

Stop letting money slip away: Making Collections Management Easy

June 8th, 2021 by Jon Seaman

Positive cash flow is what keeps businesses running smoothly, leaving it up to collections management to turn money that’s owed into money in the bank. Sounds easy, right? Not so much. Many AR departments continue to rely on manual methods in the collections...

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Posted in: Automation

21 Things Companies Have Said About Esker’s Accounts Receivable Solution

May 13th, 2021 by Graham Smith

future of accounts receivable

Despite the fact that we live and work in a digital age, accounts receivable (AR) processes at many businesses remain a very manual and antiquated affair. Whether it’s manual invoice creation and delivery, back and forth emails and phone calls...

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Posted in: Automation, Business Technology

Should You Fix Processes That Aren’t Broken? Why Business as Usual Won’t Cut It Anymore

May 6th, 2021 by Taylor Bucher

Hand stacking wooden blocks with various icons on them

We’ve all heard the old adage, “Why fix what isn’t broken?” It’s a valid question. I mean, why change things when “business as usual” seems to be working just fine? Well, to put it in Ben Franklin’s words, “When you’re finished changing, you’re...

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Posted in: Business Technology

3 Ways to Improve Vendor Relations & Liquidity

May 4th, 2021 by Brian Erlien

Two businesspeople shaking hands, one of them outlined in lines and dots

Many companies today are looking for ways to strengthen vendor relationships and improve liquidity and working capital. Here are three areas to focus on and three solutions that can help you do just that. Vender & Supplier Communication ...

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Posted in: Automation

5 Accounts Payable KPIs Worth Tracking

April 29th, 2021 by Justin Cunningham

5 accounts payable KPIs worth tracking

Is your accounts payable (AP) department being tasked to better monitor, track and improve key performance indicators (KPIs)? Then you’re well aware that it can be a daunting task. Why? There are an infinite number of KPIs that you could...

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Posted in: Automation

Stop Money From Slipping Through the Cracks: Making Collections Management Easy

February 17th, 2021 by Jon Seaman

automate

Positive cash flow is what keeps businesses running smoothly, leaving it up to collections management to turn money that’s owed into money in the bank. Sounds easy, right? Not so much. Many AR departments continue to rely on manual methods in the collections...

Read Full Story »

Posted in: Automation

8 Best-in-Class Accounts Receivable Management Strategies

December 8th, 2020 by Bri Maas

accounts receivable management strategies

What used to be considered a back-office function has transformed into one of every organization’s largest assets: accounts receivable. Why? Because it deals with one very important asset that doesn’t appear on the balance sheet — customers. ...

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Posted in: Automation

How To Improve Working Capital And Supplier / Customer Relations

September 23rd, 2020 by Brian Erlien

supplier256a

Many companies today are looking for ways to strengthen customer and vendor relationships as well as improve working capital. Here are four ideas that can do just that. Vender & Supplier Communication Do you offer your vendors...

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Posted in: General