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How AR Teams Are Leveraging AI for Cash Application and Forecasting
May 20, 2025
Q. Our AR team has been challenged to think of ways to utilize and take advantage of AI. Are there AR teams currently leveraging this new technology? If so, how?
A.
(Answered by a member of IOFM's Advisory Panel)
Our company is interested in AI, but we are only utilizing it in some areas currently. We utilize a third-party program that is AI driven for cash flow optimization, specifically for forecasting payments and recognizing which customers could be likely to pay late. Upon using this…
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