Reducing Complexity of Cash Application in Europe with AI

Reducing Complexity of Cash Application in Europe with AI

If you can apply cash well in Europe, you can apply it anywhere!

Cash Application for European operations is significantly more complex than in the USA, especially for Shared Service Operations. This is because of multiple currencies & languages, integration with multiple ERPs & banks, variation in banking regulations across countries, accommodating multiple digital payments etc.

AI-powered digital assistants and document data capture methods (aka IDP) can perform 70 to 90% of the manual operations in Cash Application, generating exponential productivity.

This video will focus on:

  • Improve productivity in cash application
  • Cut down manual efforts by up to 90%
  • Assimilate new business units into an SSO

Don’t miss a chance to implement the best practices from this session in your credit department.

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