The Ordway Blog

By automating everything from invoice receipt to final payment reconciliation, organizations can shift accounts payable from a costly operational burden to a powerful driver of financial agility.

Accounts Payable (AP) and Accounts Receivable (AR) are fundamental to a business's financial health, dictating cash outflows and inflows respectively.

By implementing a proactive, customer-friendly collections process, leveraging automation, and ensuring payment flexibility, companies can drastically reduce Days Sales Outstanding (DSO)

Clearly distinguishing between invoices and customer statements is important for maintaining healthy cash flows and strong customer relationships.

Managing unpaid invoices in SaaS is a ubiquitous challenge that demands a nuanced strategy, balancing the imperative for cash recovery with the preservation of vital customer relationships.