Accounting Seed, an accounting solution built on the Salesforce Platform, has released three guides to help businesses improve their data and automate their accounts receivable (AR) and accounts payable (AP) processes. The guides are informed by Accounting Seed’s automation products, including its AP Automation software and its AR Automation Software. The companys Data Accuracy guide helps improve data integrity, minimize errors, and explore the role of connected systems and automation. The AR Automated guide provides strategies for accelerating payments, eliminating errors, improving cash flow and building stronger customer relationships. However, a report by PYMNTS Intelligence found that 35% of firms have not automated their AR processes, 24% still rely on outdated spreadsheets, and 96% face obstacles in transitioning to AR automation.
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