Revolutionizing Cash Application: Levers for Efficiency, Liquidity and Control

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Complexity caused by additional payment times is adding to historical pain points found in accounts receivable (AR). Poor processes and outdated technology impact every part of AR and create a negative echo effect on liquidity, scalability, efficiency and staff. This session will explain why the challenges have increased and examine ways that companies’ AR and treasury groups are revolutionizing cash application to great effect. The use of technology such as AI/ML, bots, and integration of data and processes are all changing AR. The theory will be supported by several select case studies to bring the concepts to the practical level.