Leaders In Payments AR Automation Special Series: How AR Automation Transforms Business Payments
This episode is sponsored by American Express. Cash flow shouldn't be a constant struggle. Yet for many mid-market companies, the path from invoice to payment is filled with unnecessary friction, manual processes, and frustrating delays that hurt both the bottom line and customer relationships.
Barrett Smith, Chief Payments and Customer Operations Officer at Versapay, reveals how accounts receivable automation is transforming finance operations for growing businesses. Drawing from his extensive background in payments and financial analytics, Smith shares practical insights on how automation creates measurable improvements in cash flow while elevating the finance department's strategic value.
The conversation tackles common pain points like the persistence of paper-based processes (imagine entire floors filled with invoice file cabinets), the challenges of managing increasing invoice volumes without proportional staffing increases, and the critical need for real-time financial visibility. Most compelling is how automation shifts finance teams from being perceived as back-office gatekeepers to becoming drivers of positive customer experiences.
Whether you're struggling with slow cash conversion, limited financial visibility, or simply want to free your finance team from manual data entry to focus on strategic initiatives, this episode provides a roadmap for leveraging AR automation to transform your business operations. The future of finance isn't just about counting money - it's about making it flow more efficiently through your organization.