AI-Powered Cash Application, Beyond FIFO & LIFO
Transform how you match payments to invoices. Ambill's proprietary AI algorithm intelligently handles complex scenarios, matching multiple invoices to payments and vice versa with unprecedented accuracy.
The Cash Application Evolution
Beyond Traditional Methods
See how Ambill's AI-powered cash application transforms the payment-to-invoice matching process compared to traditional approaches.
Traditional FIFO/LIFO Approach
- Manual matching based on simple FIFO/LIFO rules
- Struggles with partial payments and multiple invoices
- High error rates requiring manual intervention
- Time-consuming exception handling
- Limited ability to handle complex payment scenarios
Ambill's AI-Powered Solution
- AI algorithm intelligently matches payments to correct invoices
- Handles multiple invoices per payment and vice versa
- Self-learning system improves accuracy over time
- Automated handling of complex payment scenarios
- 95%+ match rate with minimal human intervention
Key Advantages
Benefits of AI-Powered Cash Application
Ambill's intelligent cash application solution delivers significant improvements over traditional methods, saving time and reducing errors.
Higher Accuracy
Achieve 95%+ match rates with AI that understands payment patterns and invoice relationships beyond what traditional methods can identify.
Faster Cash Application
Reduce cash application time by up to 80% with automated matching that processes payments in seconds rather than hours.
Intelligent Pattern Recognition
Our AI continuously learns from your data, improving match rates over time and adapting to your unique business scenarios.
Reduced Manual Intervention
Minimize the need for manual review with an algorithm that can handle complex scenarios like partial payments and payment batches.
Improved Cash Flow Visibility
Gain real-time insights into payment status and receivables with accurate, up-to-date invoice-payment matching.
Enhanced Customer Experience
Provide customers with accurate statements and avoid unnecessary collection calls due to misapplied payments.
Ready to transform your cash application process?
Join the growing number of businesses that have automated their payment-invoice matching with Ambill's AI-powered solution.
Process Overview
How AI Cash Application Works
Understand the intelligent process that powers Ambill's cash application solution.
Payment Data Import
Bank statement data is imported from the bank-statement-matcher, creating payment records in Ambill with customer identification.
Invoice Data Analysis
The system analyzes all open invoices for the identified customer, examining amounts, dates, and payment patterns.
AI Matching Algorithm
Our proprietary AI evaluates multiple potential matches, considering partial payments, multiple invoices, and historical patterns.
Match Creation
The system creates payment-invoice matches, handling complex scenarios like one payment to multiple invoices or multiple payments to one invoice.
Balance Updates
Invoice balances and paid amounts are automatically updated, providing real-time visibility into receivables status.
The entire process happens automatically, with minimal human intervention required only for exceptional cases.
Proprietary Technology
Our AI Matching Algorithm
Ambill's cash application solution uses a sophisticated AI algorithm that goes beyond simple FIFO/LIFO methods to intelligently match payments with invoices.
Beyond Traditional Methods
While traditional methods rely on simple chronological rules, our AI analyzes multiple factors simultaneously to make intelligent matching decisions that reflect real-world complexity.
Self-Learning System
The algorithm continuously improves by learning from each successful match, adapting to your business's unique payment patterns and customer behaviors.
Handles Complex Scenarios
From partial payments to bulk payments covering multiple invoices, our AI handles complex scenarios that would require significant manual intervention with traditional systems.
Pattern Recognition
Identifies recurring payment patterns and customer behaviors to improve matching accuracy.
Smart Allocation
Intelligently distributes partial payments across multiple invoices based on payment history and priorities.
Historical Learning
Uses past payment-invoice matches to continuously improve future matching decisions.
Multi-factor Analysis
Considers invoice dates, amounts, references, and payment patterns simultaneously for optimal matching.
Confidence Scoring
Assigns confidence scores to potential matches, allowing for automated handling of high-confidence matches.
Exception Handling
Automatically identifies and flags unusual scenarios for human review when necessary.
Comprehensive Solution
Key Features & Capabilities
Ambill's cash application solution offers a complete set of features designed to automate and optimize the payment-invoice matching process.
Success Stories
Real-World Applications
See how businesses across industries leverage Ambill's AI cash application to solve their unique payment matching challenges.
B2B Subscription Services
A SaaS company receives monthly payments that often cover multiple subscription invoices for different services.
Result: AI accurately matches bulk payments to the correct invoices, reducing manual review by 85%.
Partial Payment Handling
A manufacturing firm frequently receives partial payments from customers who pay invoices in installments.
Result: The system correctly allocates partial amounts and tracks remaining balances automatically.
High-Volume Retail
A retail chain processes thousands of small payments daily, with frequent discrepancies in payment amounts.
Result: 95% of payments are automatically matched despite variations, with clear flagging of exceptions.
Complex Financial Services
A financial services firm deals with intricate payment structures and multiple invoice references in single payments.
Result: AI recognizes complex patterns and correctly distributes payments across appropriate invoices.
E-commerce Marketplace
An online marketplace receives payments from multiple channels that need to be matched to seller invoices.
Result: Automated matching across payment channels reduces reconciliation time from days to hours.
Professional Services
A consulting firm bills clients for multiple projects, with clients often paying for several projects at once.
Result: The system correctly identifies which invoices are being paid, even when payment descriptions are minimal.
Transform Your Cash Application Process Today
Move beyond outdated FIFO/LIFO methods and experience the power of AI-driven payment-invoice matching. Reduce manual work, increase accuracy, and gain real-time visibility into your receivables.
95%+
Match Accuracy
80%
Time Saved
100%
Visibility