OpenEnvoy’s Mastering Cash Application with AI whitepaper highlights how automating the cash application process boosts accuracy, reduces costs, and accelerates cash flow. Cash application matches incoming payments to invoices, and when done manually, it’s prone to delays and errors—especially with partial, bundled, or unclear payments. AI-driven automation eliminates these inefficiencies, enabling faster reconciliation, improved DSO, and better cash flow visibility, helping finance teams work more strategically.

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