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Common Concerns and Shared Strategies: AP and AR Lessons from the Best-in-Class
Accounts payable (AP) and accounts receivable (AR) are too often discussed separately. It is true that within a single enterprise, the two functions do not interact directly – though their efforts determine the operational cash flows at the heart of liquidity strategies. These functions can learn a great deal from each other. Based on three studies conducted in 2011, this Insight explores the common challenges and strategies at play in AP and AR, and looks to the common technologies that lead to success in both areas.
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