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Automated Cash Application Software: Solutions Overview, Process, Key Features, Benefits, and Integrations

Emagia

By automating and improving the process of matching incoming payments with open invoices, automated cash application software has completely changed how firms handle their cash flow. What is Cash Application Software? Automated operations can reduce the requirement for manual customer master data upkeep.

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8 Essential Features To Have in a Cash Application Software

Gaviti

Cash application solutions are an integral part of financial operations. They can streamline and automate the cash flow planning process while making it easier to manage payments and keep track of transactions. What Is a Cash Application? A cash application is a type of software that helps businesses manage money.

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Gaviti’s Q1 2024 Product Release: The Future of A/R Management

Gaviti

This release features the innovative Cash Application module, significant Credit Management enhancements, and the introduction of Gaviti Pay – a versatile payment gateway for streamlined, secure transactions. The module offers 100% automatic invoice matching, semi-automatic matching, and manual matching.

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6 Cash Flow Performance KPIs Every CFO Needs to Track

Gaviti

In this blog, you’ll learn about the most important cash flow metrics and cash application KPIs for CFO performance and their relationship to your overall financial planning. What is a Cash Application KPI? Average Days Delinquent (ADD) ADD is an essential cash flow metric.

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Embracing RPA in Accounts Receivable: A Strategic Approach

Gaviti

In addition, more accurate bookkeeping and cash application free of errors delivers a better customer experience. The dashboard includes both traditional KPIs such as DSO , customer risk, and total A/R in addition to unique KPIs and advanced analytics. Cash application. It’s scalable. Collections analytics.

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How AR Software Automation Mitigates Outsourcing Challenges

Gaviti

With an advanced automated A/R invoice-to-cash management solution that includes cash application, credit management, collections analytics and dispute and deduction management, your A/R process not only remains in-house and under your control, but integrates so that all the different components work together to deliver real-time data.

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The Importance of the Accounts Receivable Aging Report

Gaviti

Get a comprehensive dashboard that gives you real-time insights into critical metrics that directly affect your cash flow. Cash application. Ensure precise cash allocation and real-time reconciliation with your primary bank and manage cash from multiple sources with multi-bank connectivity.