Email:
info@telic.digital
Phone:
0303 666 5438
Email:
info@telic.digital
Phone:
0303 666 5438
Automated Cash Allocation means accurately matching incoming client payments to the right subscription invoices or professional service milestones. Payments arrive via varied billing gateways, wire transfers, and virtual cards, often lacking proper reference data. A manual cash allocation process involves the finance team spending days attempting to match these payments to complex usage-based billing cycles, ARR/MRR schedules, and multi-entity ledgers.
Our platform uses advanced AI, Machine Learning, and RPA. These tools automate the extraction of data from varied self-serve portals and emails. They provide ongoing self-learning to seamlessly match payments to the correct subscription IDs, and offer predictive analytics to help manage churn risks and ensure accurate deferred revenue reporting.
To discover how you can automate your cash allocation process, book a demo to see the platform at work.
Reduce operational costs by 90% by centralising cash application across your global subsidiaries and multiple software products.
Instantly track unallocated payments, allowing teams to clear cash daily rather than rushing during the month-end close.
Gain exact visibility of critical MRR/ARR transactions, ensuring flawless revenue recognition and accurate board reporting.
Automate cash allocation to achieve accurate, same-day cash posting and highlight exceptions for early resolution. The platform automatically processes unreferenced remittances, matches them to recurring invoices, and applies them to the correct entity ledger. This saves significant time compared to manually matching data, letting Controllers focus on analyzing SaaS metrics, resolving usage disputes, and accelerating the month-end financial close.
Finance teams in B2B Tech and Professional Services face immense pressure during the financial period end. This pressure is intensified by the rise of complex usage-based billing, multi-entity ERP environments, and varied payment channels. When clients pay for multiple software licenses in one unreferenced transaction or fail to include their subscription ID, it creates massive payment-to-invoice mismatches. Manual intervention leads to human error, which directly stalls revenue recognition, muddies deferred revenue schedules, and prevents the fast, clean financial close that investors demand.
Our platform allows ingestion of remittance data from any source, including CRM emails, billing platforms, and self-serve portals, performing automated matching with data gathered from bank accounts. Once matched, the pre-built framework allows updating of ledgers into any ERP or Finance system including NetSuite, Oracle, SAP, Microsoft Navision, Sage, and Epicor.
Our Cash Allocation solution seamlessly integrates with your existing financial systems and tech stack, streamlining the end-to-end process and minimising manual data entry. This boosts efficiency and saves valuable time.
Granular dashboards provide insight on allocation status and visibility of all SaaS payment information in one place, giving finance teams the information needed to action mismatches and ensure revenue is recognized in the correct period.