Institute of Financial Operations Survey to Gauge Effects of Fiscal Cliff Debate on Accounts Receivable Profession
With all the talk about the "fiscal cliff," and businesses nervous about tax implications of any action Congress takes during ongoing discussions in the coming months, accounts receivable departments are sitting in the crosshairs of "pay/don't pay" strategies organizations will use to manage their cash flow. Data currently being gathered by The Institute of Financial Operations in partnership with Esker is more important than ever.
The Institute of Financial Operations, in partnership with Esker, is conducting a survey of AR professionals about the current status of their organizations' operations as well as their plans for automating any or all of the accounts receivable processes. The 2013 Accounts Receivable Automation Survey seeks to gather information about the biggest challenges AR professionals face today, methods used to send invoices, changes in the costs of producing invoices, benefits of electronic invoicing, top obstacles to corporate AR initiatives, and trends in outsourcing the invoice process.
“Businesses of all sizes are adapting to the changing scenario of accounts receivable operations, and we want to know what they’re doing and how,” says Jean-Michel Bérard, CEO at Esker, a global company that specializes in document process automation solutions. “More and more organizations are automating some of their financial operations processes to keep up with the other work their departments are expected to handle today. By leveraging technology, they can improve their efficiency and make their AR departments more effective. But are they taking advantage of these new tools?”
The survey offers a rare opportunity for AR professionals to make their viewpoints heard. Respondents, who remain anonymous, are entered into a drawing for a $100 gift card and receive a complimentary report on the results. Accounts receivable professionals can take the survey (click here) until January 31, 2013.
The Institute is reaching out to AR professionals in an effort to enhance its offerings in accounts receivable education and news. The membership association formerly focused on accounts payable and has expanded to include other financial operations professions, including those in information management and data capture.
“Our board of directors and our staff are committed to telling the story of the AR professional and helping shape the discussion around where accounts receivable advances are made in the future,” says Jo E. LaBorde, executive director of The Institute. “The people who keep the money coming in for organizations all over the world are an integral part of business, and we’re here to help them succeed in their careers and add even more value to their organizations. This latest survey will help us measure where they are and where they’re going.”
Results of the study will be available this spring in a report issued by The Institute at http://www.financialops.org.
Take the accounts receivable survey today and have your viewpoint heard.
Comments
Be the first to comment on this post
Subscribe to PayStreamVoices by Email
Subscribe in a reader
Tweets by @PayStream
Discussion Topics
- B2B Credit and Collections
- C2B Payment & Collections
- Consumer Finance
- PayStream Health
- Press Releases
- Purchase to Payment
- Uncategorized
Recent Posts
- PayStream Releases Revenue Cycle Management Report
- Institute of Financial Operations Survey to Gauge Effects of Fiscal Cliff Debate on Accounts Receivable Profession
- InStream Joins AnyDoc’s Value-Added Reseller Program
- Corcentric Launches an Automation-centric Accounts Payable Blog
- Looking for Inspiration to Attend Coupa’s INSPIRE Event?
Research. Analysis. Strategy. ®