Lockstep Acquisition: A Letter from Peter Horadan
The Lockstep team has been on quite a journey over the past 3 years, and the next stage of our journey is arguably the most exciting. I am pleased to share that
Different Payments Types Explained
With inflation discussions dominating the conversation today, it is more important than ever to decrease your days sales outstanding (DSO). This not only increases your cash flow but reduces the risk across your
Rising Interest Rates’ Impact on Accounts Receivable
As the Federal Reserve tightens interest rates at the highest level in over 20 years, it’s a good time to review your manual accounts receivable (AR) processes to seek out your unresolved cash traps.
National Accounting Day 2022
This week, we are celebrating the success of our wonderful customers, because accounting teams are the backbone of every business. Even more so, without the organization and fortitude of the accounts receivable
Three More Ways to Reduce Your Outstanding Accounts Receivable
Is your AR aging creeping beyond resolution? Are you even able to review and report on your aging accounts receivable? The role of accounts receivables (AR) teams is increasingly important as the backbone of
Disconnected Systems Leads to Disparate Cash Flows
Today’s accounting teams rely on several disconnected, disparate systems to close the books. Accounting processes rely on the notion of being able to share accounting data back and forth. This is true not only
Three Ways to Reduce Your Outstanding Accounts Receivable
Is your AR Aging creeping beyond resolution? Are you even able to review and report on your aging accounts receivable? The role of accounts receivables (AR) teams is increasingly important as the backbone of
Why email makes accountants’ lives difficult: Visibility and Accountability
Managing today’s accounting email inboxes with limited collaboration capabilities means teams are using Slack, Teams, productivity tools, phone calls, IMs, and smoke signals to close the books. Inboxes fill up quickly. For accounting teams, collaboration
How to Avoid Collections Email Fatigue
Simply put, email fatigue occurs when customers are tired of receiving your emails. As a result, they start to ignore messages, delete them without reading, unsubscribe, or send your emails to their SPAM folder.
Behind the Scenes at Lockstep: Creating Lockstep Self-Service
Through co-innovation with a core group of customers, Lockstep was able to solve for key AR pain points. Earlier this year, Lockstep released our much-anticipated Self-Service tool. Lockstep Self-Service better enables receivables teams to
