Paystand's Direct Deposit solution automates payroll and vendor payments, ensuring timely and secure transactions. It reduces administrative overhead, eliminates paper checks, and enhances payment accuracy and efficiency.
Vendor
Paystand
Company Website
Reconcile Direct Deposits with AI
Reconcile payments made through external ACH sources through assisted AI matching.
Not All Payments Are Made The Same
Tired of manually matching payments to invoices?
Through Smart Matching, Paystand's reconciliation technology, significantly reduce manual intervention to balance automation, and control. Experience greater efficiency as our AI handles reconciliation tasks, minimizing errors and ensuring accuracy.
How It Works
Give your payers a unique identifier to pay their invoices. Paystand's Smart Match AI will:
- Initially learn from your manual matches
- Make suggestions on matching
- Request your approval
- Eventually, act autonomously
- Update invoice status
- Reconcile the payments into NetSuite
Why This Matters
We continue paving your road towards full automation, this time by significantly reducing time and labor costs through assisted invoice matching. Get in touch to verify if your company is a match for our latest and more powerful AI-assisted matching feature.