Automated Cash Application

Automated cash application (also known as automated cash posting or automated cash matching) is a process in accounting and financial management that uses technology and algorithms to match incoming payments or cash receipts with corresponding invoices or accounts receivable entries in an organization's financial records.

Accounting and Finance

What is an Automated Cash Application?

Automated cash application (also known as automated cash posting or automated cash matching) is a process in accounting and financial management that uses technology and algorithms to match incoming payments or cash receipts with corresponding invoices or accounts receivable entries in an organization's financial records. This automation eliminates or minimizes manual effort in the reconciliation process and accelerates the application of cash to outstanding invoices. Natively built for NetSuite and powered by GenAI, ZoneCapture is an OCR and AP automation solution with automated cash application capabilities.

Recommended terms