AI-Based E-Mail Remittance Capture Software
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Cash Application Software

AI-Based E-Mail Remittance Capture

Automatically capture relevant remittance information for electronic payments from emails and match it with bank payments to send it to the ERP for auto-application.

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AI-Based Credit Management Software

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Update payments on ERP faster with Automated Remittance Aggregation

Speed up electronic payments update on ERP with an automated cash application software that reads and extracts relevant remittance information from e-mail bodies and attachments and matches it with bank payments. Using AI and Natural Language Processing (NLP), the Touchless E-Mail Processing Module auto-aggregates remittance across all file formats and languages.

Parse Remittance Information from PDF and Text

  • Automatically remittance information from pdf/word documents attached to emails.
  • Capture Structured Data on documents through data clustering algorithms, identifying the columns/rows representing invoice numbers, payment amounts, etc.
  • Capture Unstructured Data such as paragraphs of text through pattern recognition algorithms, reading invoice and payment information from the PDF statement’s tabular format.
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Parse Accurate Information from Excel/CSV Documents

  • Automatically captures Remittance information from Excel/CSV documents attached to emails.
  • Identify which columns in the tabular format data represents invoice numbers, amounts paid, deductions, etc. with the help of data clustering algorithms.
  • Extract accurate data from available column headers through keyword recognition.

Aggregate Remittance Data using Natural Language Parser

  • Capture remittance information from paragraphs or lines of text by recognizing repeatable patterns with Natural Language Processing (NLP) technologies.
  • Analyze accurate invoice numbers from unstructured remittance information within the body of the email at record speed.
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Extract Remittance Data with Multi-language Email Capture

  • Quick aggregation of all incoming emails and relevant emails containing remittance information, through Electronic Capture Methods.
  • The solution can read emails in 20+ languages.

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Frequently Asked Questions

Bank Of America, JP Morgan, CITI, Scotia, Wells Fargo etc. to name few. We have integration with lot of banks.

We are an ERP agnostic software that integrates with any and all of the ERPs like SAP, Microsoft Dynamics 365, Oracle, NetSuite, etc. ns, short payments, overpayments, etc.

We will be able to handle most of the IT related efforts during the implementation. All we need the IT is for getting us the open AR extract and the bank payment file. This will be usually around a week's worth of efforts spread across the implementation time frame.

Security is of paramount importance to each of our customers as it is to us. We are SSAE16 Soc I Type II certified, PCI-DSS Compliant and CSA Registered. We strictly follow all Industry standards and best practices.

Our automated cash application software helps you achieve faster and accurate cash posting, save 100% lockbox key-in fees and eliminate the hassle of manually collecting remittance data.

Project timeline depends on the complexity of the scope. It’s generally between 8-16 weeks.

Typically, our pricing has two components - the one-time setup fee and a monthly recurring subscription fee. You can get on a call with us and get a customized pricing according to your business needs

Our automated cash application software helps you achieve faster and accurate cash posting, save 100% lockbox key-in fees and eliminate the hassle of manually collecting remittance data.

Manual remittance data capture from various formats and sources, paying lockbox fees for checks, coding ERP codes to disputes, missing remittance scenarios are the major challenges to name a few.