AI in Accounting
AI Cash Application Explained: How Machine Learning Matches a £28,500 Batch of Customer Payments to Invoices in Seconds
A £28,500 batch of customer payments lands in the bank, split across three customers with discounts, bundled invoices and a short payment baked in. Here is exactly how AI cash application software reads remittance data, scores each match, and auto-posts the clean ones in seconds while flagging genuine disputes for a human to chase.