Cash Application Management

Bank Connectivity Manager

Library of Bank Integrations. Out-of-the-box integrations with 75+ banks globally.

highradius

Bank Connectivity Manager Key Features

AI-based E-Mail Remittance Capture

Multi-Bank Connectivity

Pre-built global bank integrations. Process bank statements from 75+ banks in 60+ currencies.

AI-based E-Mail Remittance Capture

Bank Statement Processing

Streamline data entry. Extract amounts, dates, and references from bank statements.

AI-based E-Mail Remittance Capture

Check Lockbox Integration

Auto-extract remittance info from lockbox check images for simplified payment processing.

AI-based E-Mail Remittance Capture

EDI remittance Capture

Handle EDI formats. Extract remittance info from EDI 820 and 823 formats with ease.

AI-based E-Mail Remittance Capture

Note to Payee Capture

Extract payee info. Use ML to capture remittance details from European MT940 statement notes.

400+ Enterprise Customers

Enterprise Customers

600+ Mid-Market Customers

Enterprise Customers

Recommended Resources

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How North American SMBs Could Save More than $1.3 Billion in Lockbox Fees

This e-book will walk you through the options for processing checks on the parameters of processing cost, check float reduction and resource requirement.

Download the Ebook
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Cut Down Costs, Efforts and Time: 5 Ways to Automate Cash Application

Read on to find out how Artificial Intelligence and Cloud-Based Machine Learning can help you cut down costs, effort and time!

Download the Ebook
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Business Case Template For Cash Application Automation

This package contains an excel sheet and an ebook for A/R leaders for justifying a business case in an automated cash application system.

Download the Template

FAQs: AI-Powered Cash Application Automation Software Systems

What is the automated remittance request feature and how does it work?

The automated remittance requests feature sends emails to customers with a list of open invoices, allowing them to easily select and provide the necessary remittance information, enhancing remittance processing system efficiency.

How does the payment exception worklist improve exception management?

The payment exception worklist automates the assignment of exception payments to analysts, streamlining the workflow and enhancing the efficiency of exception management with exception handling software.

What are customer profile recommendations in this system?

Customer profile recommendations help maintain attributes like parent-child relationships by analyzing past payment behaviors, ensuring accurate and up-to-date customer profiles through our bank connectivity solution.

How does the software handle remittance extraction from lockbox check images?

The software captures invoice details and extracts remittance information from lockbox check images, ensuring seamless and accurate lockbox remittance processing.

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