By incorporating advanced automation, the treasury team at a successful snack food manufacturer was able to strengthen working capital and their processes.
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INSIDE TREASURY HEADER JULY 2022
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Overcoming the Loss of Receivables Transaction Data

Working with a legacy system that was largely manual, Shearer’s Foods used to rely on the knowledge of long-time employees to match imprecise payments with invoices outstanding. After incorporating advanced automation, the treasury team was able to strengthen working capital and create more efficiencies in their processes. 

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