How many unmatched payments are currently sitting idle in your ERP? How is this affecting your AR metrics? How much time does your AR team spend following up with tenants on missed payments? How is this impacting your tenant relationships? Cash application continues to be a messy and labor intensive part of the accounts receivable process, but it doesn’t have to be this way. In this session, you will learn about User Assigned Matching. This new approach to cash application puts the ball back in your tenant’s court when you require clarification or remittance information for a check or ACH payment.
Cash application can be done in an efficient, seamless manner in connection to your bank data, saving time and effort for both your AR team and tenant.
In this webinar, we will discuss:
- Common pains and practices around cash application in the CRE space
- What User Assigned Matching is and how it works
- How to determine if this is a worthwhile feature for your AR process
Presented by Matt Cavdar, VersaPay