Knowledge quiz

It’s time to put what you’ve learned to the test, get 3 questions right to pass this unit.

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To manage customer invoices and accounts receivables.

Settle and reconcile open items.

Initiate cash receipt against issued invoices and oversee incoming payments.

Analyze financial statements and provide insights.

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Automated rules can still clear the correct invoice.

The payment is rejected and returned to the customer.

It makes it difficult for automated rules to clear the correct invoice and manual intervention is required.

The payment is applied to a suspense account for further investigation.

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The matching process is simplified, as the payment amount can be easily matched to the invoices.

It has no impact on the matching process, as the payment is still processed normally.

Matching is more difficult, as the remittance information becomes key to relating payment to the correct invoices.

Manual processing of the payment is required, as automated rules cannot handle multiple invoices.

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Provide secure connectivity to global banks.

Automatically clear invoices using machine learning techniques.

Manage customer invoices and accounts receivables.

To analyze financial statements and provide insights.