Email:
info@telic.digital
Phone:
0303 666 5438
Email:
info@telic.digital
Phone:
0303 666 5438
Automated Cash Allocation means matching incoming distributor payments directly to the right trade invoices without delay. These payments often arrive via BACS, FPS, or wire transfer, accompanied by complex, multi-page PDF or email remittances detailing bulk orders, rebates, and short-payments. A manual cash allocation process forces your accounts receivable team to spend hours line-matching thousands of individual transactions, leaving vital cash unapplied and customer credit limits needlessly blocked.
Our platform uses advanced AI, Machine Learning, and RPA (robotic process automation). These tools automatically ingest and read messy remittance data from distributor portals and emails. They continuously self-learn common trade deductions, improving accuracy over time, and provide predictive analytics to help you identify which wholesale accounts are nearing their credit ceilings.
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 handling high-volume wholesale transactions without expanding your AR headcount.
Instantly identify and track query transactions like missing distributor rebates or damaged goods deductions.
Gain real-time visibility of cleared funds, allowing your organisation to shorten Days Sales Outstanding (DSO) and release trade credit limits same-day.
Automate cash allocation to achieve accurate, same-day cash posting and highlight exceptions for early resolution. The platform automatically processes massive remittance batches, matches them to received payments, and applies them to the sales ledger. This saves significant time compared to manually keying data, letting AR teams focus on proactive credit control and ensuring top-tier clients can place new orders without artificial credit blocks.
Accounts receivable teams in B2B distribution are under significant pressure to perform cash allocation processes rapidly to keep supply chains moving. With global Days Inventory Outstanding (DIO) hovering around 53 days, delayed cash visibility traps vital working capital. This is intensified by peak seasonal ordering, bulk invoice settlements, and poorly referenced payments from smaller retailers. When teams struggle to match transactions manually, human error compounds, cash sits unapplied, and sales are halted because credit limits appear maxed out.
Our platform allows ingestion of remittance data from any source—including email attachments, wholesale portals, and EDI—performing automated matching with data gathered from bank accounts. Once matched, the pre-built framework allows updating of ledgers into any distribution ERP including Oracle, SAP, Microsoft Dynamics, Infor, and Epicor.
Our Cash Allocation solution seamlessly integrates with your existing financial and inventory systems, 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 payment information in one place, giving accounts receivable teams the precise information needed to action short-payments, approve credit releases, and manage distributor disputes instantly.