ERPs Alone Aren't Enough
Finance leaders are increasingly recognizing that ERP systems alone cannot meet the growing demands of modern accounts receivable operations, with 74% agreeing their ERP lacks the automation capabilities their AR teams need. Organizations that have augmented their ERP with purpose-built third-party AR software report an average 25% reduction in Days to Pay (DTP) and a 23% reduction in Days Sales Outstanding (DSO), alongside an 18% improvement in accurate and on-time invoice delivery. Nearly all finance leaders (95%) agree that third-party AR software delivers greater ROI than ERP-native AR tools, and 98% confirm it saves their teams significant time each week. As AI becomes central to AR strategy, dedicated AR platforms are emerging as the critical bridge between transactional ERP record-keeping and intelligent, predictive cash flow management.
In this guide, you'll explore
- 74% of finance leaders believe their ERP system lacks the automation capabilities their AR team needs, driving demand for purpose-built third-party AR solutions.
- Organizations augmenting their ERP with third-party AR software report an average 25% reduction in Days to Pay (DTP) and a 23% reduction in Days Sales Outstanding (DSO).
- Finance teams using third-party AR software for invoicing are 18% more likely to deliver invoices accurately and on time compared to those relying on ERP systems alone.
- 95% of finance leaders agree that third-party AR software delivers greater ROI than ERP-native AR tools, and 98% say it saves their teams significant time on AR processes each week.
- Over the next two years, 95% of finance leaders view AI-powered automation for reporting and analytics as very or extremely important, signaling a decisive shift from transactional processing to predictive financial intelligence.