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.
Access cash more quickly
With an automated and streamlined cash application workflow, customer payments hit your cash account in far less time, allowing you to access funds more quickly.
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.
