Report
AR in 2024: Expectations, Technology, Opportunities
The white paper "AR in 2024: Expectations, Technology, Opportunities" by Treasury Webinars and BlackLine highlights the increasing strategic importance of Accounts Receivable (AR), driven by rising expectations and challenges such as inflation, supply chain issues, and internal silos. A survey of 265 U.S.-based companies reveals that 77% of AR teams now have the CFO's attention, with 71% planning to increase AR responsibilities in 2024. Technology, especially automation, is seen as key to overcoming inefficiencies, with 62% of companies planning to upgrade AR-related systems. The report emphasizes the need for better collaboration between AR and sales teams, investment in professional development, and breaking down silos to improve customer relationships and streamline processes.
