According to a payment study by Atradius, on average, companies write off 1.5% of their AR as bad debt (that’s $750K for a $50M company!), and 93% of businesses experience late payments. RPA-enabled automated collections can improve these impactful statistics. The collections process is repetitive, rule-based, and time-sensitive. This makes it a prime candidate for … Continue Reading
![AR Collections Use Case](https://laketurnautomation.ai/wp-content/uploads/2022/04/AR-Collections.png)