Get Remittance Out of the (E)Mail with Lockbox and Cash Application Automation
Get Remittance Out of the (E)Mail with Lockbox and Cash Application Automation
About the Webinar:
The growth of B2B electronic payments has thoroughly complicated payment remittance practices at the buyers end. According to NACHA, more than 80% of payment remittances require re-association to close invoices because customers remittances are spread across email, email attachments, check remittances, fax, EDI and even websites! This creates inefficiencies in the cash application process – requiring time-consuming manual work and slowing down the ability to apply cash faster.
Speaker:
Robert Unger, Senior Director Product Management and Strategic Corporate Relations, NACHA
Jay Tchakarov, VP – Product Management, HighRadius