Cash Application Management

AI Remittance Aggregation

Automate 90%+ of Email & Check Capture. Capture remittance from emails and check images.

highradius

Email Remittance Capture Key Features

AI-based E-Mail Remittance Capture

Email Attachment Capture

Get accurate remittance info. Extract details from PDFs, Word, and Excel email attachments.

AI-based E-Mail Remittance Capture

Unstructured Data Capture

Auto-capture unstructured remittance info. Use AI to read it from email bodies/attachments.

AI-based E-Mail Remittance Capture

Multi-OCR Image Extraction

Ensure accuracy. Use multiple OCR engines to read each character precisely from check images.

Check Remittance Capture

Check Remittance Capture

Classify & group data to identify remittance information.

Automation GPT Remittance Parser

Automation GPT Remittance Parser

Process unstructured remittances by identifying patterns and unique identifiers.

400+ Enterprise Customers

Enterprise Customers

600+ Mid-Market Customers

Enterprise Customers

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FAQs: AI-Powered Cash Application Automation Software Systems

How does the email remittance capture software handle both structured and unstructured data?

Our email remittance capture software uses an AI parser to extract information such as invoice numbers, amounts, and reason codes from email bodies and attachments, including unstructured data. This ensures comprehensive capture of all relevant remittance information.

What type of information can be captured from email bodies and attachments?

The AI parser captures various details from email bodies and attachments, including invoice numbers, amounts, reason codes, and check images, streamlining the remittance process.

What makes Multi-OCR Image Extraction beneficial for remittance processing?

Multi-OCR Image Extraction employs a proprietary voting algorithm to select each character read by multiple OCR engines, significantly enhancing the accuracy and reliability of data captured from images.

How does the software handle check remittance capture and what specific information is extracted?

The software classifies and groups data to identify key remittance details from checks, including payment amounts, invoice references, reason codes, and discounts, ensuring accurate and efficient data processing.

How does the software capture unstructured data from emails?

The software captures unstructured data from email bodies and attachments by using advanced algorithms to extract relevant remittance information efficiently.

What role does FreedaGPT play in remittance capture?

FreedaGPT, a GenAI-based tool, enhances the remittance capture process by using advanced AI techniques to accurately extract remittance information, reducing manual effort and increasing efficiency.

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