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Why AR Teams Can’t Afford Manual Cash Application

Publication date:
April 25, 2023
Article Summary: 

The blog post titled "Why AR Teams Can't Afford Manual Cash Application" emphasizes the drawbacks of manual cash application processes and highlights the benefits of automation in improving efficiency and accuracy. The blog post discusses the challenges faced by accounts receivable (AR) teams in manually processing and reconciling customer payments, including time-consuming tasks, errors, and limited visibility into cash flow. It explains how manual processes can lead to delays, inefficiencies, and increased costs for AR departments. The blog post emphasizes the importance of automated cash application solutions in streamlining the process by automatically matching and applying payments to outstanding invoices. It highlights the benefits of automation, such as faster processing times, reduced errors, improved cash flow visibility, and enhanced customer experience. The blog post concludes by emphasizing the need for AR teams to embrace automation to overcome the limitations of manual cash application and achieve greater efficiency and effectiveness.


AR teams, manual cash application, automation, efficiency, accuracy, challenges, processing, reconciliation, delays, errors, cash flow, visibility, automated cash application, matching, invoices, processing times, customer experience.

Source Citation: 
Why AR Teams Can’t Afford Manual Cash Application
April 25, 2023
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