Wells Fargo launches Integrated Receivables

Monday 13 September 2021 11:44 CET | News

Wells Fargo has announced the availability of Integrated Receivables, a new Accounts Receivable (AR) service that helps simplify payment and remittance data capture, re-association, and invoice matching.

Artificial intelligence and machine learning technology enables Integrated Receivables to correct errors and improve matching logic over time, which can help companies devote less time and resources to manually applying payments.

Integrated Receivables is based on technology from DadeSystems, a provider of AR automation solutions. In February of 2020, Wells Fargo made an investment in DadeSystems to support the growth of the company’s suite of technology solutions.

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Keywords: product launch, artificial intelligence, accounts receivable, machine learning
Categories: Banking & Fintech
Countries: United States
This article is part of category

Banking & Fintech