AI Accounts Receivable

Save time on cash application and follow-up on exceptions faster with AI that accurately matches incoming payments to invoices

Real Customer Results

99%

MATCH ACCURACY

Apply payments in no time with the matching done for you

Time

SAVINGS

A winning combo of eliminating manual work and surfacing likely sources of discrepancies

Errors

REDUCED

Moving from manual to automated processing avoids human error

Accelerate Every Reconciliation

Canals intelligently “reads” remittance advice and extracts the relevant information to match it against customer invoices. Payments are automatically applied to the right account If the amount is correct, and your team can focus on resolving the differences.

Handles Any Format

Automatically process remittance advice no matter how it comes, including multi-page documents with multiple bill-tos

  • Scanned check stub
  • Email
  • Bank statement
  • Lock box document
Save time on cash application and follow-up on exceptions faster with AI that accurately matches incoming payments to invoices
Save time on cash application and follow-up on exceptions faster with AI that accurately matches incoming payments to invoices

Identifies Reasons for Any Discrepancies

Spend less time researching why payments don’t match the invoice and get them corrected faster

  • Freight
  • Tax
  • Early payment discounts
  • Missing line items

Delivers ROI in Days

Get up-and-running in under a week, with minimal IT lift and setup

  • Out-of-the-box integrations with your ERP
  • Independently verified data security (SOC 2 Type II)
  • Personalized training and customer support
  • Time savings the day a user starts
Save time on cash application and follow-up on exceptions faster with AI that accurately matches incoming payments to invoices

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FAQs

Have a question that’s not answered here? Please email us at sales@canals.ai and we’ll get back to you shortly.

What is Accounts Receivable automation?

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Why is AI better at workflow automation than traditional software?

Do you integrate with my ERP?

How long does implementation take?

What user training and support do you offer?

Is my data secure?

How much does Canals cost?

Can I talk to a happy customer?