Apply customer payments to the right accounts, invoices, and balances instantly and automatically. The cash application powered by AI frees your accounting team from countless hours spent manually processing incoming payments.
Apply customer payments accurately
Count on our CashMatch™ AI algorithm to quickly and accurately apply customer payments to the appropriate accounts, invoices, and balances.
Save time and apply payments faster with our remittance advice AI. You can upload your document and let our system match payments to invoices while flagging inconsistencies for review - keeping your A/R accurate and efficient.
Our cash application module includes a virtual lockbox feature designed to automatically scan and apply paper checks to the correct account, freeing your staff from hours spent manually processing offline payments.
In addition to advanced capabilities for handling short-pay and over-pay scenarios, Invoiced offers multi-invoice application functionality to easily apply payments to balances across multiple invoices.
Based on critical data points, our algorithm assigns a confidence score ranging from 1 to 100 percent for each match, allowing you to zero in on transactions requiring further review.
