CleverBalance - Vendor Reconciliation

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CleverBalance automates vendor and supplier reconciliation by matching your AP ledger with vendor statements at the invoice level, eliminating manual Excel work and reducing errors. Upload your books and vendor data, and the platform standardizes, cleans, and structures everything automatically. It then applies rule-based matching for high-confidence results, followed by AI to handle complex scenarios like split invoices, batched payments, credit notes, and settlement adjustments. Identify missing invoices, duplicates, mismatches, and timing differences instantly with clear, audit-ready outputs. CleverBalance is built for real-world finance complexity, delivering faster reconciliation, higher accuracy, and complete visibility without the manual effort.

CleverBalance - Customer Reconciliation

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CleverBalance automates customer reconciliation by matching your AR ledger with customer statements to identify missing receipts, short payments, and unmatched transactions, without manual Excel work. How It Works: - Upload customer statements and AR ledger (CSV/XLS/XLSX) - Automatically standardizes dates, amounts, and references - Applies rule-based matching (invoice, date, amount) - Detects partial payments, bulk collections, and adjustments - Uses AI to resolve complex and unmatched cases Benefits: - Eliminates manual reconciliation in Excel - Faster month-end and collection tracking - Clear visibility into payment status - Reduces errors and missed entries - Audit-ready outputs for finance teams Key Features: - Invoice and receipt-level matching for precise reconciliation - Handles partial payments and split settlements seamlessly - Supports bulk collections and grouped transaction matching - AI-driven matching for complex and edge-case scenarios - Clear segregation of matched and unmatched transactions - Audit-ready outputs with full traceability