Case Study on Automated Cash Application process

A leading development firm in real estate commenced its
in 1993

Implementing a semi¬-automated process to streamline the manual process of clearing open invoices

• IVL’s innovative solution, Automated Cash Application, automates manual incoming payment posting in SAP.

• It includes a new screen for easy payment clearing with customer number, invoice amount, and payment amount.
• Users can select and post invoices based on priority with minimal steps.

• Cash Application automates complex processes, reducing work complexity.
• Semi-automated process fetching data from MT940 file and open customer line items.
• Enables users to clear payments against open invoices through a semi-automated process.
• Saves a huge productive time of the End user.
• Lower total cost of ownership with improved efficiencies
• Enhanced quality of work related to accounts receivable