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Cash posting is the process of recording customer payments in the accounting system and updating account balances accordingly. It’s a key step in the cash application process. Accurate, timely cash posting helps maintain current receivables records and provides visibility into cash availability. Advanced solutions utilize AI and confidence-based matching to automate this step, extracting data from diverse sources to ensure faster, error-free posting.

Get a framework for automated cash application. Check out this eBook: The Cash Application Advantage.

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