Hi John,
Obviously, you have a direction to reduce your unapplied cash. It’s good to understand what is the benefit having good cash application process. Probably you won’t see a direct impact in financial term if you look in this specific area because cash application is part of credit processes in a whole and somehow dependent to other processes ie debt collection, credit assessment, billing.
I’m assuming your company is doing manual application process & to start kick of the project you can identified cost saving in term of time that you can save by doing auto-application (time=$$$). How many people you can free up by having this process in place.
while doing the analysis you will somehow detect inaccuracy of the billing and so on, this also can quantified as part of your financial impact.
Hope this helps!
Cheers
JJ
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