Manufacturers need to automate AR to remain competitive.
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High invoicing volume requires a scalable back-office AR function
Accounting processes in manufacturing and distribution firms have traditionally involved manual work with large volumes of paper, including bank reconciliation. In an industry with tight profit margins, effective cash management is crucial. Revenues can be significantly undermined by payment issues, delayed exception resolution, and labor-intensive accounts receivable practices.
Levers addresses these challenges by streamlining payment acceptance, accelerating exception resolution, and automating bank reconciliation with high accuracy. This helps ensure your revenue is protected and your financial processes are more efficient.
Explore Levers
Example businesses that benefit from Levers:
Electronics manufacturing
Food and beverage
Textile and apparel
Pharmaceutical
Chemicals
Machinery and equipment
Building materials
Metal and mineral
Plastic and rubber
Packaging
Energy
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