How finance teams are losing money

We surveyed 450+ mid-to-senior-level finance professionals in the US to understand how communication challenges with customers and vendors can lead to delayed payments and erode trust.

Finance report

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CX leaders weigh in on the top AI trends in support

In past roles, AP/AR was automated and managed by reps, yet mostly handled via email. Clear policies and contracts are key—without them, poor communication can lead to delayed payments.

manadeep

Manadeep Raje

Finance & Strategy Leader

Effective communication is vital. With 56% facing delays and 41% unclear email ownership, clear protocols ensure smooth information flow, aiding faster decisions and financial success.

Ankit

Ankit Kanoria

VP, Finance & GTM Operations, Hiver

Hiver centralizes emails and assigns them clearly, removing confusion. It solved all issues my team had with FrontApp and was so intuitive that onboarding new members was quick and easy.

Justine, Decksdirect

Justine

Accounts Specialist at DecksDirect

The pandemic is the time to prove commitment. Businesses may chase short-term gains, but those investing in customers now—despite no immediate return—will be tomorrow’s winners.

Steven Van Belleghem

CX Expert and International Keynote Speaker

Here’s what we found:

  • provide delayed responses to stakeholders
  • lack visibility into email queries and their status
  • face delays in payment collections
  • are looking for better tools to manage emails

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