Lower operating costs for accurate, same-day, on-invoice cash posting. Cash Application Cloud automates remittance aggregation from different sources/formats, payment linking, invoice matching, deduction coding, and ERP posting.
Auto-extract remittances from emails(email body and attachments), EDIs using AI-based technology to ensure accurate data capture across all standard languages and file formats. Integrate with A/P portals to auto-capture remittances. Leverage template-agnostic OCR to extract remittance data from check stubs.Learn More
Leverage AI-based remittance suggestions to fast-track your invoice matching process. For no remittance scenarios, leverage AI and Machine Learning to automatically predict invoices as remittances against a particular payment based on past analyst actions. Eliminate the multiple to-and-fro with the customer by enabling them to submit remittances.Learn More
Automatically match payments to invoices even in the most complex business scenarios such as parent-child relationships, pre-payments, installments, and matching by non-invoice reference numbers.Learn More
Identify deductions and discounts at the source, based on short-payments, over-payments, earned or unearned discounts. Auto-map reason codes provided by the customer into your ERP-specific reason codes.Learn More
Apply cash directly for checks by directly submitting to office location through Remote Deposit Capture(RDC) machines or scanned via mobile apps.Learn More
Receive recommendations on customer master maintenance, alternate payers, reference numbers based on past experience to resolve exceptions faster. Improve your analyst’s productivity by preventing duplication of work on a payment either by assigning payments or locking it if it is already being worked upon.Learn More