AR and AP in one: a comprehensive B2B solution for accounting teams
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Accounting and finance teams need modern and flexible solutions that can handle both accounts receivable (AR) and accounts payable (AP), while also providing workflow automation that helps reduce payment processing costs.
In this joint webinar, PayTrace is joined by partner, Fidesic, to discuss how B2B companies can strategically combine both solutions for a truly comprehensive B2B accounting system that can:
- Accept payments and automate accounts receivable and payable
- Gain greater visibility into the AR and AP processes
- Improve efficiencies in collections and reconciliation
- Accelerate cash flow (reduced Days Sales Outstanding by 80%, on average)
- Save time and resources by eliminating manual steps
- Reduce PCI compliance scope by storing payment details with PayTrace
- Provide a personalized client portal where customers can view, manage, and pay outstanding invoices with the payment method they prefer