Use cases · Finance

Match bank payments

For anyone who still compares incoming payments with invoices by hand. Import the statement, check the proposals, approve.

Starting point

The bank statement sits as a PDF next to the list of open invoices. Every payment is searched and ticked off by hand.

Payments without a reference stay unresolved for weeks.

Whether the last statement was imported is only known to whoever imported it.

The statement arrives as a camt file in the bank account. If no import has happened for 14 days, the AI Steward proposes a task to fetch the file.

For open bank lines the AI Steward proposes the matching invoice or expense. Nothing is booked before your approval.

If a supplier invoice is due in seven days and the IBAN is missing, a task asks to complete the bank details. No payment fails on master data.

Bank matching suggestions
Proposes the matching invoice or expense for bank lines open for two days; booked only after approval.
Payment without invoice
Checks recorded payments that are not assigned to an invoice: proposes a task to assign them, with amount, date and reference.
Bank statement missing
Checks bank accounts reconciled with camt that had no statement import for 14 days: proposes a task to download and import the camt file.
Supplier without IBAN, payment due
Checks supplier invoices due within 7 days that should be paid by transfer while the supplier has no IBAN: proposes a task to complete the bank details in time.

We show the workflow in a demo with your data. Or try relyd yourself, free for 14 days.