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Until now, CFOs have been pretty hands-off when it comes to leading the charge for Accounts Payable (AP) and Accounts Receivable (AR) automation initiatives.
Since the pandemic raised the critical issue of cashflow from both the buyer and supplier side, CFOs need to be taking matters into their own hands. In a recent study, Chief Analyst at Kisaco Research, Michael Azoff stated, “I have always found that when C-level executives are behind a technology initiative then it is more likely to succeed. Any deep technology initiative is likely to have change rippling across the organisation, and C-level executives can enable the change management.”
Finance leaders pushing for the digital transformation of AP and AR processes can help to create synergy and efficiency throughout the entire cash conversion cycle in order to better manage cash, make smarter business decisions and build stronger bottom lines that will hold up even in times of economic uncertainty.
In this eBook, you’ll get an overview of why the need for digital transformation in finance has increased, how uniting AP and AR through automation can improve cashflow management and why finance leaders need to act now in order to sharpen their organisation’s competitive edge and ensure future success.
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“The discipline that Esker drives in the credit and collections process is phenomenal. In my 20-plus years, it's the best product I've ever used based on its simplicity and ease of navigating.”Global Director of Financial Services | Trek Bicycle
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About Esker
Esker is the global authority in AI-powered business solutions for the Office of the CFO. Leveraging the latest in automation technologies, Esker's Source-to-Pay and Order-to-Cash solutions optimise working capital and cashflow, enhance decision-making, and drive better collaboration and human-to-human relationships with customers, suppliers and employees.
Since 1985, Esker has helped companies in their efforts to digitally transform business communications, with global headquarters in Lyon, France, and U.S. headquarters in Madison, Wisconsin.
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