Key terms in cash application include “remittance advice,” “payment batch,” and “unapplied cash.” Remittance advice provides payment details, payment batch refers to a group of payments processed together, and unapplied cash represents funds received but not yet matched to an invoice. Understanding these terms is crucial for effective cash application and financial management.
Reimagine Your Order-To-Cash with AI
Touchless Receivables. Frictionless Payments.
Recommended Digital Assets for You
Suggested Resources
Global Order-to-Cash: Learn how digital transformation changes your 3Ws- Work, Workforce and Working Capital Cycle
Data-Driven Finance for Achieving Excellence in Order-to-Cash Operations
Digital Credit: Onboarding the Customer
Emagia Order-To-Cash Analytics OBIEE Solution
Add AI to Your Order-to-Cash Process
AR Automation for JD EDwards
AR Automation for SAP
AR Automation for Oracle
AR Automation for NetSuite
AR Automation for PeopleSoft
AR Automation for MS Dynamics
Emagia is a leading provider of AI-powered Order-to-Cash (O2C) automation platform that modernizes finance operations for midsize to large global businesses. Many global businesses and shared service centers use Emagia’s Autonomous O2C to transform to digital world-class operations in credit, invoicing and payments, receivables, collections, deductions, cash application and cash forecasting. Emagia solutions improve their customers DSO, cash flow, credit risk, operational cost, compliance and profitability.
