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The Biggest Cash Application Challenges and How to Overcome Them
How to overcome your biggest cash application challenges
Cash is the lifeblood of any business.
But the way that most businesses process payments and apply cash creates big challenges.
- High operations costs
- Delays posting cash and payments
- Too much unapplied cash
- Too many write-offs
- Poor cash forecasting
- Frustrated customers
Cashflow disruptions caused by today’s economic uncertainty have exposed and exacerbated shortcomings in the way that most businesses process payments and apply their cash.
IOFM’s latest white paper lays out the biggest problems with the way that most organizations process payments and apply cash and provides an action plan for overcoming them.
If your organization is looking for ways to accelerate its cashflow, this white paper is for you.
Continuing Education Credits available:
Receive 1 CEU towards IOFM programs:
Receive 1 CEU towards maintaining any AP and P2P related program through IOFM! These programs are designed to establish standards for the profession and recognize accounts payable and procure-to-pay professionals who, by possessing related work experience and passing a comprehensive exam, have met stringent requirements for mastering the financial operations body of knowledge.
Continuing Education Credits available:
Receive 1 CEU towards IOFM programs:
Receive 1 CEU towards maintaining any AR and O2C related program through IOFM! These programs are designed to establish standards for the profession and recognize accounts payable and procure-to-pay professionals who, by possessing related work experience and passing a comprehensive exam, have met stringent requirements for mastering the financial operations body of knowledge.
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