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Using Connected Payments to Simplify Accounts Receivables Reconciliation

Overview

Date 09:30 AM - 10:20 AM (0 hours 50 minutes)
Tuesday, April 28
Track
Payments in Practice
Event
In-person

As businesses handle growing payment volumes across multiple channels, accounts receivables (AR) reconciliation has become increasingly challenging. Manual matching of payments to invoices consumes valuable time, increases the risk of errors, and creates delays in cash application. The rise of connected payments ecosystems and advanced payment standards offer new ways to simplify AR reconciliation through automation and real-time data integration. This session will explore how organizations can leverage payment connectivity, enriched data formats, and straight-through processing to streamline reconciliation processes. By reducing the need for manual intervention and enhancing visibility into payment flows, companies can unlock faster cash posting, reduce days sales outstanding (DSO), and improve working capital. Whether you are just beginning your AR transformation or looking to enhance existing workflows, this session will equip you with the strategies needed to reduce reconciliation friction, boost efficiency, and future-proof cash management operations.

Speakers:

Ruchi Bhardwaj
Ruchi Bhardwaj
Principal Product Manager, Financial Services, Business Network
OpenText