6 Steps—Including Automation—to Rein In Unauthorized Deductions

Imagine being told your AR department could achieve savings in deduction processing costs like the following: 50 percent reduction in overall cash application costs with an increase in auto-match hit rates; 40 percent increase in speed of deduction processing; and 50 percent to 75 percent reduction in time required to manually retrieve documents and attach them to specific deduction records. Sound like a fantasy? However, those are exactly the opportunities presented as entirely…