Cash Application

Companies that have higher numbers of customers, more frequent billing of lower-value balances, or commonly see various deductions in customer payments can encounter a significant obstacle to completing the order-to-cash cycle: cash application. Vistex Payment Resolution for SAP accelerates the matching of payments to receivables to reduce days outstanding, lower administrative costs low and keep customers happy. Faster cash application will allow orders to ship earlier (when not sold on credit) and identify improper customer deductions in payments sooner for quicker recovery. Cash application can also be used in the procure-to-pay process when companies apply and reconcile their own payments to purchase orders.