Cash Application 101 Training

Expert curated courses for Credit & A/R teams to streamline the cash posting process with cash application KPIs, lockbox remittance and invoice data entry. Watch this training course to establish and build the whole transfer, exchange, and payments process.

15K Credit, Collections and A/R Professionals Enrolled | Online Training | Byte-sized Video Tutorials

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Key-Highlights:

6 Courses
Byte-sized Lessons
Completion Certificates
100% FREE Course

Overview

The three common cash application challenges A/R teams often face are: working with various bank file types such as lockbox services, matching huge volumes of remittances with their corresponding invoices manually, and payment reconciliation issues. Watch this tutorial to improve your cash flow and cash visibility by standardizing company-wide cash application processes, locating and eliminating inefficiencies in processes, and improving remittance reconciliation and matching invoices accurately for effective A/R management.

Course Content

Cash Application KPIs and Reporting

Watch this tutorial to explore the steps involved in implementing the cash application performance KPIs.

20 minutes

Selecting the Right Cash Application Technology

Learn how to automate your A/R processes with the right technology and achieve a better auto-posting rate

15 minutes

EDI vs API in Cash Application: A Detailed Overview

Tutorial for A/R managers on API-EDI in cash application and how it can be leveraged in B2B communications.

30 minutes

Complete Guide to Different Payment Options in Cash Application

Learn how to deal with processing variables to improve your existing cash application process.

30 minutes

How to Deal With Invoice Data in Cash Application

Leverage this online tutorial and automate your invoice data entry in cash application and shoot up your auto-cash posting rate.

15 minutes

Cash Application Lockbox Remittance 101

Watch this tutorial and understand the basic components of lockbox remittance processing in a cash application.

30 minutes

What you'll learn

Steps to streamline cash posting and remittance reconciliation
Major approach to improve Auto-Cash posting
Understanding API in cash application
KPIs for cash application reporting and dashboards
Ways to eliminate inefficiencies in the A/R process

Sign-up to Get Instant Access!

Key-Highlights:

6 Courses
Byte-sized Lessons
Completion Certificates
100% FREE Course

About the Trainer

John M. Donovan
Advisory Services Consultant, Quote to Payment Subject Matter Expert

John M. Donovan is a senior financial services executive specializing in all aspects of the Order-to-Cash and back-office processes. Managed several very large global A/R portfolios for major Fortune 100 and 500 high-growth companies in various stages of delivery and transition, as well as small companies in a startup and growth mode.

"Currently there is no one place for credit learning. With job-role specific courses and ERP modules, Highako University will serve as a 'one-stop' training solution for credit, collections and A/R teams."

- Joy Krugel
Credit Manager
Johnsonville, LLC

"I found this to be a very informative workshop and it gave me some tips and ideas on how better to approach customers when doing collections."

- Christine G Fram
Credit Administrator
Truex Inc/Teknor Financial

"I wanted to say that I enjoyed the classes. The classes were very informative and I learned some good negotiation skills that I can use."

- Linda McDevitt
Credit Manager
Teknor Apex Company

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