Archana Prasad, SVP of Payments and Financial Services at BILL, joins PYMNTS to discuss how AI is raising the bar for financial operations—and what enterprise suppliers need to do to keep up.
Why this matters to your accounts receivable operation
AI isn't just changing what software can do. It's changing what CFOs, controllers, and finance leaders expect software to do—automatically, reliably, and without adding headcount.
That shift is already affecting your buyers. And it’s raising the bar for how enterprise suppliers manage the other side of the equation: getting paid accurately, on time, and without manual intervention. The question is whether your AR process can keep up.
What you'll learn from the interview
Why AI is accelerating the shift from manual AR workflows to automated, touchless cash application—and what that means for both sides of a B2B payment
How enterprise finance teams are raising expectations for straight-through processing, remittance accuracy, and cash application efficiency
Why trust, auditability, and financial data depth are now the defining criteria for mission-critical financial infrastructure
The hardest part of AR automation—and how enterprise suppliers are solving it
Reconciling high-volume, smaller-dollar payments is still the most difficult part of accounts receivable. It's also the part most existing systems can't fully solve. Missing remittance data, combined payment amounts, and over/underpayments force AR teams to work across multiple portals manually, slowing cash application and extending days sales outstanding (DSO).
BILL Supplier Payments Plus is a quick, lightweight way to automate incoming payments through to cash application—without the heavy lift of a months-long implementation. Accelerated payments, smart routing preferences, and customizable remittance data work seamlessly with your current AR automation tools, so your team spends less time on exceptions and more time on work that requires human judgment.
Enterprise suppliers on BILL Supplier Payments Plus reduce DSO by about 7 days.¹
Talk to a BILL representative to find out how enterprise suppliers are automating cash application and reducing DSO without replacing their existing AR stack.
1Based on BILL internal analysis of select check-heavy suppliers. Compares average “payment processed to payment received” time for customers 90 days pre-onboarding vs. 90 days post-onboarding to Supplier Payments Plus. Individual results may vary and are not guaranteed.