Matt is the Co-founder and Chief Strategy Officer at Lockstep.io whose mission is to help the world's finance teams work better together. Matt specializes in building new software categories and finding product-market fit. He has taken products from zero revenue through exit including IPO and acquisition.
Paper-based AP and AR workflow processes result in an expensive and inefficient workflow between trading partners. Since Covid-19, many businesses now realize the importance of AR and AP automation processes to work better with customers and vendors.
One of the biggest challenges facing finance teams today is the lack of current and accurate customer contact information. Giving customers self-service registration tools accelerates adoption of paperless billing, decreases payment times, lowers days sales outstanding (DSO) and lowers operational costs from paper.