Cash Application: Establish Right Procedures First, Then Automate

November 21, 2024

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Few AR managers would argue that automating cash application would not be a critical component of tackling expensive and inefficient processes that continue to plague many businesses. According to a recent survey by Aite Group, fully 60 percent of senior receivables and treasury managers are less than fully satisfied with their companies' current cash application processes. In addition, AR professionals who have been disappointed with their current auto cash solution's ability to overcome…

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