Match every remittance, clear every open item.
Agents read remittance advices from every format and channel, match payments to open invoices, and flag short-pays and unapplied cash for review with the evidence attached.
- 2-5%
- of incoming payments require manual matching without automation
- Days
- that unapplied cash typically sits before anyone investigates it
- 100%
- of remittances matched against open invoices, not a sample
01 Where value leaks
Unapplied cash hides real problems behind a clearing account.
Remittance formats vary by customer and channel, so matching stalls and payments sit unapplied. Every unapplied dollar is a disguised deduction, pricing error, or short-pay waiting to be found.
-
Unapplied cash sitting against open invoices with no clear match
-
Short-pays that should be classified as deductions, not payment errors
-
Remittances that do not match the invoice amount, currency, or terms
-
Duplicate or misapplied payments across customer accounts
02 Audit first
Find the leak before changing the process.
The audit investigates the full scoped population against source evidence. Findings arrive quantified, recoverable, and ready for your team to act on.
What agents then prevent
Once the audit has found the leak, the same agents check every new transaction, so it stays closed.
01
Remittance matching across every format, channel, and customer
02
Automatic classification of short-pays into the right deduction category
03
Same-day investigation of unapplied cash instead of a monthly sweep
04
Duplicate and misapplied payment detection before the account closes
03 Proof
Matching every remittance changes what cash application can see.
- $50K
- duplicate invoice surfaced
- A US craft brewery · Cloudsquid customer result
- $730K
- in errors surfaced
- A construction wholesaler · 90% less manual reconciliation · Cloudsquid customer result
- < 2 hours
- to audit a full year of AP
- 100% transaction coverage · Cloudsquid customer result
04 Use cases
Start with the work your team never gets through.
01
Remittance matching
02
Unapplied cash investigation
03
Short-pay classification
04