How To Modernize Your Cash Application with Intelligent Automation - Episode 1

Presented by

Brian Morgan, Director, Product Marketing, BlackLine

About this talk

According to PwC, $1.5 trillion is held hostage on global balance sheets. Why? Because applying cash is historically very manual. In fact, the APQC found bottom-performing organizations use 2700% more employees on order-to-cash processes than their top-performing peers. Make smarter, more accurate finance and credit decisions with BlackLine’s newest solution: Cash Application. Powered by AI and built by finance professionals, Cash Application matches customer payments against outstanding invoices to turn payments into cash. View this webinar to see how you can modernize cash application with intelligent automation to reduce: -Unapplied cash by 90% -Manual activity by 85% -Days sales outstanding by 5-12 days This webinar is hosted by Brian Morgan, a former customer of BlackLine Cash Application with Veolia, and now a customer advisor for BlackLine users. Brian shares how his team at Veolia managed to reduce unapplied cash from £15 million to just £1,000 by automating their Accounts Receivable processes. The event also features a 15-minute live demo of BlackLine Cash Application.

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Companies come to BlackLine because their traditional manual accounting processes are not sustainable. BlackLine’s cloud-based solutions and market-leading customer service help companies move to modern accounting by unifying their data and processes, automating repetitive work, and driving accountability through visibility. BlackLine provides solutions for financial close management, accounting automation, and intercompany governance, helping large enterprises and midsize companies across all industries do accounting work better, faster, and with more control.