Logo
Sign in
Product Logo
AI-Driven Cash ApplicationBectran

Automate cash matching, resolve exceptions, and accelerate reconciliation with AI-powered remittance processing.

Vendor

Vendor

Bectran

Company Website

Company Website

Product details

Seamless Cash Matching Turn payments into applied cash faster with intelligent matching, flexible inputs, and full transparency.

  • **Apply Cash Instantly: **Match and apply over 99.9% of payments automatically, without manual intervention or delays.
  • **Adapt to Your Format: **Ingest remittance advice in from CSV files, XML files, OFX, BAI1, BAI2, custom text files, PDFs and emails.
  • **Resolve Exceptions with Confidence: **Quickly handle complex or incomplete payments with intuitively designed exception queues and automated workflows.
  • **Accelerate Payment Visibility: **Automatically update invoices and customer accounts in real time, giving teams and customers full payment transparency.

Smarter Matching, Faster Applications   Automatically capture remittance data from banks and customers — no matter the format, inconsistencies, or missing details. AI-assisted logic, natural language processing, and OCR models handle real-world remittance variability by reasoning through mismatches and applying historical payment patterns to ensure accurate transaction matching. Matches happen in seconds, with fewer delays and no repetitive manual reviews.

Exception Handling at Scale Smart exception queues flag issues like partial payments, missing references, or unrecognized customers and route them for fast resolution. Analysts can drill down, view related documentation, and quickly close out exceptions with clear context.

Real-Time Reconciliation Connect directly to banks and remittance inboxes to capture cash data as soon as it’s available. Payments and open invoices are automatically reconciled, with every action logged in a complete audit trail. A centralized dashboard gives users full visibility to verify, match, track applied cash, and monitor any unmatched transactions.  Even if remittance advice is stored in third-party portals, Bectran enables secure data-transfers that apply them automatically.

Features

  • Intelligent Matching Engine: Automatically matches over 99.9% of payments using AI, NLP, and OCR—even with incomplete data.
  • Multi-Format Remittance Ingestion: Supports CSV, XML, OFX, BAI1/2, PDFs, emails, and custom formats for seamless integration.
  • Exception Handling Queues: Flags and routes partial payments, missing references, and unmatched transactions for fast resolution.
  • Real-Time Reconciliation: Syncs with banks and ERP systems to update invoices and customer accounts instantly.
  • Global Scalability: Handles multiple currencies, languages, and regional banking formats for multinational operations.
Find more products by category
Finance SoftwareView all