While collecting accounts receivable is hard work, no one can overstate the importance of timely collections. Sooner is much better than later to pursue unpaid debt, as shown in the following graph.

For those in the Accounts Receivable Management (ARM), Property Management, Healthcare and Financial Services industries, payment technology trends mean change is on the horizon. Savvy startups and medium-sized businesses can leverage emerging payment technology to level the playing field with their enterprise-level competition.

– Agency size is no longer a barrier to technology adoption