What is stopping your company from automating your accounts receivable process?

Unsure what technology is available16%

Unsure we could implement it33%

Resistance to change41%

It could negatively impact customers25%

People could lose jobs19%

Our AR process is too complicated16%

Cost17%

Nothing, we have already automated our accounts receivable14%

637 PARTICIPANTS
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Director in Manufacturinga year ago

Interesting to see “People could lose jobs” as a choice. The majority of our projects must have an ‘efficiency metric’ which is the open secret code word for staffing reductions. If the project didn’t reduce human labor it was rarely approved. Those impacted were always encouraged to apply for other internal roles but those slow to learn usually were too late to find something internally

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Very inclined: I believe in constantly pushing for innovation and improvement, even if the current systems are effective46%

Moderately inclined: I'm open to innovation and change, but only if it clearly enhances or adds value to the existing systems48%

Not inclined: If the current systems are working effectively, I prefer to maintain stability and avoid unnecessary changes5%

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Yes, we already have54%

Yes, we plan to39%

No, we do not plan to roll out any new products or programs6%

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