Cash Applications Solution

Cash Applications Solution

The OAN Cash Application Solution streamlines and automates cash application by unifying people, processes, and technology into a single intelligent platform. It eliminates manual effort, enabling Accounts Receivable teams to focus on collections and customer engagement while improving payment accuracy and speed.

The solution supports multiple input formats and uses AI-driven extraction to capture remittance data. Incoming data is converted into tasks and routed through pre-built workflows that handle end-to-end business scenarios, including exceptions with human-in-the-loop oversight.

At its core, OAN Learning™ applies proprietary algorithms to automatically match and apply cash receipts to invoices, significantly reducing processing time. Automated ingestion of bank statement files (BAI2) and synchronization of open invoice data from ERP systems ensure seamless operations.

A unified interface allows users to apply receipts, process write-offs, and manage invoice adjustments (with or without chargebacks). Data visualization tools provide clarity into remittance positioning and processing status.

Pre-built connectors for Oracle ERP enable rapid deployment, while the solution also serves as a centralized layer for organizations operating multiple ERP systems—without requiring upgrades.

Integrated document management via OAN Business Docs™, Oracle WebCenter, or native ERP storage ensures secure access to all cash application records.

OAN Cash Application Solution accelerates the invoice-to-cash cycle, improves accuracy, increases visibility, and delivers a scalable, efficient approach to modern accounts receivable operations.