Cash application is often described as a matching problem. A payment comes in. The finance team matches it to one or more open invoices. The payment is posted to the ERP. Cash is applied. But for most accounts receivable teams, the real challenge is not simply the payment. It is the remittance data that explains …
Why Remittance Data Is the Hidden Bottleneck in Cash Application Automation Read More »
For many finance teams, the accounts receivable process has improved significantly over the past decade. Payments move faster. Lockbox services digitize incoming checks. Electronic payments are more common. Portals, ERPs, and treasury systems have become more connected. And yet, one of the most critical steps in receivables still remains painfully manual: cash application. Cash application …
For decades, lockbox services have been a cornerstone of commercial banking relationships. They’ve delivered speed, reliability, and operational efficiency in processing incoming payments. But today’s corporate clients aren’t measuring success by how quickly checks are scanned or deposits are posted. They’re measuring success by how quickly and accurately cash is applied inside their enterprise resource …
Closing the Gap: Why Lockbox Alone Isn’t Enough for Modern Receivables Read More »
An organization’s processes to halt financial misconduct may be strong, but if compliance and audit teams aren’t analyzing transaction-level data, wrongdoing may pass unnoticed. Steve Markle, chief operating officer of Itemize, examines financial compliance blind spots and how to address them. Most organizations today have extensive compliance frameworks in place. Policies are documented. Approval workflows …
The Compliance Blind Spots Hiding Inside Financial Data Read More »
Bank treasury product managers are hearing the same message everywhere: AI is no longer optional. At conferences, in client conversations, and across internal strategy discussions, the pressure is mounting to define how AI will improve treasury products and services. Faster onboarding. Better visibility. Cleaner data. Fewer exceptions. Stronger controls. The opportunity is clear. What is …
AI in Bank Treasury Management: Everyone Knows It Matters. Few Know Where to Start. Read More »
Turning AI uncertainty into advantage
Bank CEOs must do more than manage the business. They are expected to transform it. They are being asked to drive profitable growth in a competitive environment. To modernize client experiences without ballooning costs. To manage risk more proactively. And to ensure their banks are not just experimenting with artificial intelligence (AI) and other intelligent …
The pressure on accounts payable (AP) has never been higher. AP sits at the center of the organization’s financial engine, yet teams are expected to work faster, more accurately, and with deeper visibility than ever before, all while headcount stays flat and expectations keep rising. Transaction volumes are climbing. Fraud attempts are escalating. Compliance pressures …
AI Rising: Why AP leaders must modernize before the pressure boils over Read More »
There’s a growing gap in banking right now and it’s not subtle. On one side, you have legacy treasury and receivables products still powered by fragmented stacks: optical character recognition (OCR), workflow tools, manual exception handling, and after-the-fact risk checks. On the other side, you have fintechs rapidly deploying artificial intelligence (AI)-driven capabilities that deliver …
How Bank Product Managers Can Get Started Fast with Agentic AI Read More »
Treasury services have long been a cornerstone of commercial banking relationships. But the way those services are delivered is increasingly out of sync with the expectations of modern business clients. Corporate customers now expect speed, accuracy, and real-time visibility across their financial operations. What they often receive instead are fragmented processes, delayed insights, and workflows …
Agentic AI Is the Next Competitive Battleground for Bank Treasury Services Read More »
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