Step Up to 'Next Generation' Cash Application Automation

  While cash application has historically been one of the most commonly automated AR processes, basic data on automation rates do not tell the whole story. It is certainly true that auto cash solutions have penetrated many AR departments, and in some cases have been in place for well over a decade. For example, a 2011 Credit Research Foundation (CRF) survey, Process Automation: Streamlining the Order-to-Cash Function, found that approaching half (45.5 percent) of the 523 respondents…