Financial institutions strive to service their customer’s accounts receivable needs. Despite offering treasury management portals and enterprise resource planning (ERP) integrations, most financial institutions fall short of providing comprehensive accounts receivable (AR) automation solutions that large and midsize corporations require. FIs and solution providers must understand the advantages and challenges of AR automation adoption and provide strategic partnerships to best service their corporate clients.

This report looks at the challenges businesses are facing in managing their receivables and how FIs can assist their customers in realizing the benefits of implementing an automated account receivables solution. It is based on a Datos Insights survey of 1,037 midsize and large organizations with revenue over US$20 million per year conducted in Q3 2024. The report also leverages past Datos Insights research, extensive conversations with industry experts and practitioners, and the author’s extensive knowledge of the market.

Clients of Datos Insights’ Commercial Banking & Payments service can download this report.