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ISO 20022 Request for Payment Now Live in U.S. ACH: Simplifies B2B Remittance

Posted by Robert Unger on Apr 19, 2018 3:56:51 PM

By Rob Unger

The majority of U.S. corporations have an atrocious cash application hit rate for B2B payments, where less than 20 percent of payments are processed automatically, and applied to open invoices without manual intervention. 

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Topics: ACH Network, ACH Payments, Accounts Payable, Accounts Receivable

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