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If you’ve been doing cashapplication manually, you know the downsides. As your business grows, you might consider moving to cashapplication automation with the help of either cashapplication software or cashapplication solutions. What is CashApplication?
Customers should have access to a secure portal where they can view the status of disputes in accounts receivables in real time. In addition, after disputes are settled, customers should have the option of making payments directly through an integrated customer paymentportal. Centralized hub of information.
A/R solutions in particular streamline each aspect of accounts receivable, from collections to credit management, cashapplication and disputes and deductions. CashApplication. That means 100% matching for customers using Gaviti’s paymentportal and 95% for payments made to the bank or a lockbox.
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