Seven Reasons Payments Don't Match Invoices

The goal of every invoicing process is to collect the payment from the customer.  But receipt of the cash isn’t always the last step in the process. Discrepancies between invoice amounts and actual payments often prolong the order-to-cash process for weeks after the collection is made.  Cash application is a common source of frustration for finance teams, leading to reconciliation nightmares and skewed financial reporting. In this podcast, we will explore the seven root causes for these mismatches and share best practices your finance team can use to address the challenges.