Collection strategies, including recovery sequences can often present challenges for AR professionals, including:
- Outdated systems and manual processes take up time and make it difficult for teams to focus on actions that produce results.
- Sourcing data can be challenging and sometimes impossible. Being able to use this data and turn it into something useful and meaningful is typically time consuming and requires good Excel skills.
- AR professionals manage a diverse customer base that is unique to their business, and the one-size fits- all approach that most ERP solutions provide is not really fit for purpose.
To upgrade your solutions, help your AR teams overcome challenges and make data-driven decisions download this resource from Blackline.
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