BlackLine Cash Application
Speed up your accounts receivable cash application using artificial intelligence to automatically match customer payments to invoices and reduce unapplied cash by up to 99%.
cash by 99%
activity by 85%
by 5-10 days
Works with any bank
any ERP system
Problems We Solve
Forget the guesswork and ditch the spreadsheets so your teams can make smarter, more accurate finance and credit decisions. Explore the challenges BlackLine Cash Application solves.
Reduce Unapplied Cash Payments
Inaccurate, slow payment application hurts your customer relationships—and it can lead to lost revenue. As an enterprise grows, it can become more difficult to apply customer payments to invoice line items. This leads to a high unapplied cash payments balance that creates complications across the business and impacts cash flow efficiency.
With BlackLine Cash Application, payments are quickly analyzed and automatically matched to invoices with accuracy. Meanwhile, machine learning uses new data to identify trends so you can focus on building strong customer relationships.
Improve Invoice to Cash
Once a customer is invoiced it can be difficult to predict when payment will be received. This makes it difficult to accelerate the cash collection process and can lead to high DSO, volumes of unapplied cash, and excessive AR hours and resources, not to mention unpredictable cash flow and strained customer relationships.
With BlackLine Cash Application, customer payments are automatically matched to invoices the moment cash is received, and Intelligent Automation further reduces the need for manual effort over time. As a result, organizations can apply cash much faster than traditional lockboxes and manual cash application processes and free up more working capital.
Improve Cash Flow
Outdated manual cash flow processes negatively impact the financial health of the organization—from high Days Sales Outstanding (DSO) to slow collections and increased borrowing.
Accelerate cash flow by using artificial intelligence to predict your customers’ payment behavior and further reduce the need for manual effort over time. With organizations applying 95% of cash before the start of the day and reducing unapplied cash by up to 99%, BlackLine Cash Application is proven to help ensure the financial health of your organization.
Traditional manual accounts receivable processes can lead to increased days sales outstanding (DSO), lost revenue, and profit. BlackLine Cash Application overlays manual AR processes with automation and machine learning, leveraging your existing data and ERP to streamline the payment application and cash process through global AR automation. As a result, organizations are achieving up to a 5- to 10-day reduction in DSO and are able to use the time saved from automated accounts receivable to improve collection efforts, extend additional customer credit, and focus on growth.
Automate Financial Shared Services
Many financial shared services organizations struggle with manual processes and disparate systems which can contribute to delayed response times, increased risk from inaccurate data, and a decline in confidence across the organization.
With BlackLine Cash Application, shared services teams can remove third-party lockbox services and automate cash receipts and cash application to customer invoices to focus on serving internal clients and becoming a driving force for growth.