CASH APPLICATION
Instantly and accurately apply customer payments to invoices and reduce unapplied cash by up to 99%
of cash applied by the start of each day
reduction in unapplied cash
reduction in manual effort
BlackLine Cash Application revolutionizes the invoice-to-cash cycle by significantly reducing the time needed to apply payments. When a customer payment is received, BlackLine Cash Application utilizes AI to swiftly and accurately apply the payment to customer invoices in your ERP.
Leverage AR automation to eliminate manual accounts receivable processes, gain visibility and control, and achieve the most efficient end-to-end invoice-to-cash process. From compliant electronic invoice generation to cash in the bank—fully applied and closed.
Typically, a slow, labor-intensive, and repetitive process that often requires remittances, the cash application process can consume significant resources.
With BlackLine Cash Application, users benefit from auto-application rules, as well as intelligent data capture and optical character recognition (OCR) technology that help capture remittance data from a variety of sources. This means documents can be captured, used in the auto-application process, and stored for future audit use with minimal effort, resulting in even greater efficiency savings.
Typically, a slow, labor-intensive, and repetitive process that often requires remittances, the cash application process can consume significant resources.
With BlackLine Cash Application, users benefit from auto-application rules, as well as intelligent data capture and optical character recognition (OCR) technology that help capture remittance data from a variety of sources. This means documents can be captured, used in the auto-application process, and stored for future audit use with minimal effort, resulting in even greater efficiency savings.
Pre-built payment application rules were developed from years of working closely with our customers across hundreds of deployments and in a wide range of industries.
This technology, combined with our ability to seamlessly integrate with ERP systems, enables Cash Application customers to achieve world-class auto-application rates and benchmark standards faster than the industry average.
Tracey Bentley
Head of Accounts Receivable & Service Delivery UK & Europe
Solutions
Consolidation & Financial Analytics
Modern Accounting Playbook
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