An automation rate for cash application refers to the percentage of the process that can be handled without manual intervention. Achieving an 95% automation rate indicates that the majority of cash application tasks, such as payment reconciliation and invoice matching, are performed automatically using advanced software and technology. This significantly reduces manual effort, minimizes errors, and enhances efficiency in financial operations.
Reimagine Your Order-To-Cash with AI
Touchless Receivables. Frictionless Payments.
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