Accounts receivables (AR) plays a pivotal role in releasing some much needed cash for businesses to spend on growth prospects and other critical processes for operations. Investors often scrutinise a company’s cash flow to determine the financial health of the business.
While the process of manually managing accounts receivables might seem easy, there is no denying that it is one that is also extremely tedious and time consuming. It is the sort of thing that can be riddled by human errors and data duplication.
Regardless of whether you are a startup or a high-growth business, you do not want to find yourself managing the accounts receivable process manually. Blackline’s Accounts Receivable Automation enables your finance and accounting executives to focus on managing risks and collecting cash instead of spending painstaking hours manually keying in data.