“Managing receivables and collecting payments are often complex and compound even more as companies grow. Despite the growth of ERPs and CRMs such as Salesforce and Netsuite, I’ve understood that 90% of finance teams still manage their AR (account receivables) processes outside these tools, typically on spreadsheets or in-house databases,” said Gopalan.

https://techcrunch.com/2023/03/06/growfin-for-cfos-and-finance-teams-to-the-cash-collection-cycle/