Finance teams often struggle with high volumes of incoming remittance emails that require manual reading, data entry, and validation—leading to slow cash application and increased risk of error.
Datamatics offers AI-powered Remittance Processing through its Agentic AI solution, True AI. It overcomes the limitations of rule-based automation by using intelligent agents to process remittances in real-time. True AI autonomously captures remittance emails, extracts critical payment data, and structures it for seamless integration with ERP and cash application systems. The AI agent flags incomplete or inconsistent data for human validation, ensuring compliance and control.
The solution significantly improves straight-through processing, accelerates reconciliations, and minimizes manual effort—delivering higher accuracy and faster turnaround.
Datamatics is a Digital Technologies, Operations, and Experiences company that enables enterprises to go Deep in Digital to boost their productivity, customer experience and competitive advantage.