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10 Questions on your Automatic Cash Application

Sponsored by Cashbook
Published on 4/18/2016

Applying cash from customers to invoices is of vital importance for any company. When done poorly, this will have massive flow-on affects for a company. Poor cash application automation means wasting resources all through the company. It leads to incorrect DSO, additional deduction analysts, poor collection results, poor customer relationships, slow bank reconciliation processes and makes treasury management inaccurate. Cash application has massive flow-on impacts for a company and is by far the most important function to get throughout a finance department.

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