Reconcile payments faster by automatically and accurately capturing remittance data across all standard formats and sources including emails, EDIs, checks, web portals.
Cut down lockbox data capture and archiving fees by 100%. Leverage AI-enabled multi-OCR engine to auto-capture accurate check remittance data by removing noise. Reallocate your analytics to high-value tasks.
Pull remittance from emails using AI-enabled technology to ensure accurate data capture across all remittance file formats and languages. Automatically identify the customers by analyzing the domain of the email address containing the remittance.
Deploy web bots to log into customer portals, vendor portals to extract remittances. Bots securely log in to portals using a tokenized version of login credentials.
Automatically capture remittance data across various sources including emails, EDIs, web portals using the template-agnostic AI-based parsing engine. Leverage template-free, multi-OCR engine to aggregate check remittances by eliminating noise.
Match payments to invoices even in the most complex scenarios across industries including complex parent-child relationships, pre-payments, installments, and matching by non-invoice reference numbers.
Identify deductions at the source based on short-payments or over-payments. Assign ERP-specific reason codes by auto-mapping customer-provided reason codes to your internal reason codes.
Generate enriched files in formats that are compatible with any ERP including SAP, Oracle, MS Dynamics, Infor, Sage, and other legacy systems and post cash directly to the system, eliminating time and productivity loss from manually changing file formats.