Digitizing the Cash Application Process Reduces Supplier DSOs by 30%, Improves Cash Flow
Sep 16, 2021 ·
17m 29s
Many buyers are still paying suppliers with paper checks, though payments are becoming increasingly digitized. Tim Stahl, senior vice president at Versapay, tells PYMNTS that platforms and automation can streamline...
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Many buyers are still paying suppliers with paper checks, though payments are becoming increasingly digitized. Tim Stahl, senior vice president at Versapay, tells PYMNTS that platforms and automation can streamline the reconciliation process, helping to gain visibility into everything from deposits to chasing down invoices to end-of-day cash positions.
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