Standardized Cash Application Process
This ebook outlines the 11 most widely used global payment formats a treasury team should be aware of and accept to constitute a healthy payment mix
Chapter
04
Standardized Cash Application Process
Cash application software ensures seamless cash posting. It ensures the following: ? 95% Zero-Touch Cash Posting for Checks, ACH, Cards ? Eliminate 100% of Lockbox Key-In Fees ? Artificial Intelligence-Enabled Data Capture 
The key features of this product include: ? Check remittance capture ? Email remittance capture ? Web remittance capture ? Invoice matching ? Discounts and Deductions handling ? Remote deposits and mobile payments
