Auto-Match Rate for
Cash Application
Auto-parse and classify electronic bank statements into operational and non-operational cash flow categories including A/R, A/P, Payroll, Tax, Treasury and post them into their respective general ledgers for richer reporting and analysis.
Enrich bank statement data and seamlessly update the General Ledger in your ERP, with additional data elements using the configurable rules-based engine.
Automatically matches payments to open A/R even in the most complex scenarios across industries including complex parent-child relationships, pre-payments, installments, and matching by non-invoice reference numbers.
Plug and play connectivity and auto-posting of the enriched electronic bank statements to global ERPs including SAP, Oracle, MS Dynamics, Infor, JDE, NetSuite & others.
Pulls remittance details from emails, email attachments and web portals using AI-enabled technology to ensure accurate data capture across all remittance file formats and languages.
Auto captures remittance details from bank statements with template-agnostic technology and uses AI to predict remittance for incomplete details.
Auto-Match Rate for
Cash Application
Increase in Automated
Processing Rate
Reduction in headcount
from 34 to 13 FTEs