AI Powered Cash Application: Driving Success with High Automation
The application of artificial intelligence in your receivables management offers unprecedented optimization options.
Together with the Credit Research Foundation, we explore how humans and artificial intelligence can work together for best possible results. AI matching capabilities can support your cash application process by adding an additional automation layer to your existing posting rules. This gives you more time to focus on more sophisticated and complex reconciliation cases that require human inquiry and judgement.
Access our educational session hosted by the Credit Research Foundation and learn how to leverage artificial intelligence and machine learning technology to empower AR users to apply cash faster than ever before with standardized, optimized and automated processes.
Further Resources
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Medtronic achieves automation rates for customer and cash accounting flows as high as 96% with the SAP-embedded solution FS² AutoBank.
Whitepaper: Best Practices in Ac...
This whitepaper covers how companies can optimize their entire accounts receivable management by implementing well-established best practices in their inbound payment processing.