1. Resource Library
  2. AR Automation
  3. Cash Application

AI is the Edge Cash Application has been Missing

  • 2 min read

Today’s AR teams need to process many payment types across many channels, making disorganized remittance and manual-matching errors common.  

Artificial intelligence (AI)-powered solutions like Versapay’s Cash Application can help. 

It not only captures and applies offline payments in one collaborative platform, but also makes it easier for your customers to pay online and do business with you. Plus, the more you use the AI, the better it gets.

This saves your team time, lowers open balances, and makes cash available quicker. 

In this webinar, you'll learn how:

  • Automating cash application increases efficiency by 75% and allows your team to focus on higher value work
  • Using AI and machine learning auto-matches payment and remittance data to open invoices with over 90% accuracy
  • Connecting to customers over the cloud with Versapay speeds up reconciliation and delivers over 90% straight-through processing

Watch the video to learn more about Versapay's AI-powered cash application solution

 

Cash Application

Learn about the practices and technologies that help you ensure every payment matches an open receivable.

  1. Learn more about Cash Application

Always stay up-to-date

Subscribe

Join the 50,000 accounts receivable professionals already getting our insights, best practices, and stories every month.