Which strategy could potentially lead to more effective accounts receivable processes?

Optimizing workflow and technology integration is a strategy that can significantly enhance the effectiveness of accounts receivable processes. This approach focuses on streamlining operations by leveraging technology to automate repetitive tasks and improve communication between different systems and departments. By doing so, organizations can reduce the time spent on processing payments, minimize errors, and increase overall efficiency.

Incorporating technological solutions—such as automated invoicing systems, electronic payment options, and real-time tracking of receivables—allows for better data management and analysis. This leads to quicker identification of issues, such as overdue accounts, enabling timely follow-ups. Efficient workflows not only improve staff productivity but also enhance customer satisfaction through smoother transactions and clearer communication.

The other strategies mentioned may not provide the same benefits: removing technology could result in inefficiencies, increasing manual payment processes typically slows down operations, and disabling management of small accounts might neglect potential revenue sources. Therefore, optimizing workflow and technology integration stands out as the most effective means to improve accounts receivable processes.