Other Than Borrowing Money, How Can Businesses Increase Their Working Capital?



Without an effective means to collect, businesses have great sums of money tied up in accounts receivable. As the cost of capital increases, they need to find cost effective ways to unlock that working capital. VersaPay CMO, John McLeod, explains how the most readily available means of increasing working capital is through automating the AR process.

Published by Katie Canton

Katie Canton has been helping companies develop and implement successful social media, content marketing, and marketing communications strategies for more than 10 years. Since joining VersaPay in 2018, she writes on topics such accounts receivables automation, Customer-Centric AR, collections management, and fintech.

Leave a comment

Your email address will not be published. Required fields are marked *