Companies offering credit terms to their customers need to ensure their cash application processes result in timely and accurate reconciliation of invoices. This is particularly true for businesses where accounts receivables comprise the largest asset category in their balance sheets. The effectiveness of cash application can impact a company in a number of areas, such as credit control, cash flow, customer service, and resource allocation.
Register for this 30-minute webinar to learn:
- Impact of manual vs. automated cash application
- Key steps to automating cash application of bank payments (wire transfers, lockbox, ACH)
- How the Celigo Cash Application Manager for NetSuite works