Have you ever given a thought to how an automated credit management system can increase productivity and efficiency of your company as a whole? A good start in making strides in credit management automation is through the creation of unique scoring models. Join Nik as he gives a step by step guide on developing a scoring model.
Learn why going paperless in your order to cash processes will not only reduce expenses but also serve as a strong foundation to further automate workflow and improve productivity while continuing to reduce costs.
Imagine getting all the remittance information ready in hand as soon as the payment arrives without having to go through the pain of remittance aggregation from customer portals, emails, or from check stubs of each and every customer. Read ahead to learn what is the best way to turn this into reality.
Instead of enabling easier and faster processing of payments, the increasing number of electronic payments and ACH have complicated matters further for cash application analysts with new ways of providing the corresponding remittance, including via e-mail. Read along to learn how to link email remittances to its payments and extract remittance information from them to apply cash quickly and accurately.