resource

Deluxe 2024 State of AP and AR Research

Small Business or Midcap:  Receivables 

Overview

A recent survey of 793 middle-market businesses, sponsored by Deluxe and conducted by Barlow Research, identified some of the challenges and opportunities for mid-market companies (and the banks that support them) in both the AP and AR spaces.

Solutions Used

Report Overview:

Middle-market companies and the financial institutions that serve them know how complex and challenging the Accounts Payable (AP) and Accounts Receivable (AR) processes can be. From managing multiple payment methods and platforms, to reconciling invoices with remittance data, to handling manual and paper-based workflows, both AP and AR processing can be a source of inefficiency, cost and potential risk for many businesses. 

But there are ways to start optimizing these existing processes today. A recent survey of 793 middle-market businesses, sponsored by Deluxe and conducted by Barlow Research, identified some of the challenges and opportunities for mid-market companies (and the banks that support them) in both the AP and AR spaces. 

In this report, you'll gain key takeaways, such as: 

  • Current practices, challenges and opportunities for improving payment process efficiencies
  • Adoption and perception of new payment methods within middle-market companies 
  • Valuable insights and benchmarks for business to optimize their cash management and improve supplier relationships

Download the free report

Complete the form to receive the report on the State of AP & AR Study