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How Atlas Is Using AI To Turn Accounts Receivable Into A Strategic Advantage

Atlas
International Business Times Fews App News Provider
Fews App Post Time há 18d

Despite the rapid advancements in financial technology, accounts receivable (AR) remains a starkly inefficient workflow, with many companies still relying on manual, error-prone processes to manage their contract-to-invoice and invoice-to-cash cycles. As a result, finance teams struggle with data entry mistakes, delayed invoice reconciliation, and slow payment cycles, leading to unnecessary cash flow bottlenecks. They also lack sufficient real-time insights, which forces them to take a reactive rather than proactive approach to financial management — consequently making it difficult to anticipate late payments or assess a client's ability to pay on time.

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