Cash Application : Fundamental Skill Test

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Cash Application : Fundamental Skill Test

Take this 5-minute quick assessment on the foundations of cash application to check if you are taking the right approach while matching the payments from the customer to the corresponding invoice being paid in the seller's accounts receivable ledger.

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lessonOverview

Imagine if your cash posting rate increased to 95% and the process of selecting and implementing the technology became simpler with access to remittance information as soon as the payment is received without any human interaction.

Take this 5-min quiz to evaluate your cash application process and rethink the strategies to improve your cash application process.

Score more than 70% to earn a certificate.

instructor

name	title	image	description
JOHN M.DONOVAN	Advisory Sevices Consultant, Quote to Payment		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.

recommendation

image	tag	title	description	link	duration
	Cash Reconciliation	How to Handle Consolidated Remittance in Cash Application	Struggling with cash posting for consolidated remittances? Watch this tutorial and learn how to streamline your consolidated remittance details accurately and create a straight-through cash posting process now!	https://academy.highako.com/how-to-handle-consolidated-remittance-in-cash-application	15 Mins
	Cash Reconciliation	How to Handle No Remittance Advice in Cash Application	Watch this course on remittance advice and simplify the record-keeping process of specific invoices for A/R analysts now!	https://academy.highako.com/how-to-handle-no-remittance-advice-in-cash-application	10 Mins
	Cash Reconciliation KPIs and Reporting	How to Handle Unidentified Remittances in Cash Application	This course on unidentified remittances will help A/R analysts to build a well-defined process where they will be able to identify and standardize the source of remittance.	https://academy.highako.com/how-to-handle-unidentified-remittances-in-cash-application	15 Mins

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Cash Application : Fundamental Skill Test

Take this 5-minute quick assessment on the foundations of cash application to check if you are taking the right approach while matching the payments from the customer to the corresponding invoice being paid in the seller's accounts receivable ledger.

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