Customer Master File (CMF): What and Why

August 11, 2022

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As AR professionals are aware, the volume of customer data flowing into a business can easily become disorganized, inaccurate and out of date if not managed properly. Maintaining complete, correct and current information on customers can help AR ensure a smoother flow of incoming cash and avoid potentially costly errors — improving the bottom line of the company. Poor quality customer data can result in lost revenue, customer dissatisfaction and extra costs. In this article, IOFM takes a close…

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