Billtrust CFO: More Automation Does Not Always Mean More Cash

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Billtrust CFO David Zwick noted that automation and cash generation are not the same goal, and shortening invoice processing time does not mean getting paid faster. A Billtrust survey found that 67% of finance leaders have monthly cash forecast errors of more than 5%, 92% run their credit-to-cash processes across two or more disconnected systems, and 74% believe traditional automation has not resolved cash flow bottlenecks.