Invoice Search Portal, Payment Date Selection, New Currencies, Guest Payment Updates, and much more
Managing Accounts Receivable (AR) has always been a challenge for wholesalers and distributors, particularly when it comes to balancing cash flow, chasing late payments and trying their best to improve operational efficiency.
One in six B2B sellers now offer their business customers more than 60 day payment terms. Since 2020, the number of suppliers extending payment terms beyond 60 days has risen significantly from 7% to 17%.
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