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Use data-driven insights to improve customer segmentation and prioritize high-riskaccounts. Consistency in credit processes reduces baddebt and fosters healthier customer relationships. Automatingcashapplication ensures: Faster reconciliation by automatically matching payments to invoices.
It represents a crucial part of a companys cash flow management. Efficient AR management ensures that payments are collected on time, improving the companys liquidity and reducing the risk of baddebts. For example, AI can flag high-riskaccounts, giving the AR team the information they need to prioritize collections.
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