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Description
For businesses that handle a substantial volume of transactions, a system is designed to foster seamless connections between banks and ERP systems. This approach has been shown to enhance cash flow, eradicate manual tasks, lower days sales outstanding (DSO), and boost cash visibility. By automating intricate financial tasks, it revolutionizes the finance department. Users have access to a unified hub where they can document notes, view lockbox images, eliminate deductions, and attach real-time information. The intelligent software predicts payment trends based on past performance, underscores overdue accounts, and automatically generates user-defined dunning letters. With these advancements, firms can anticipate increased efficiency in collections and a significant drop in DSO. Revenue and profits often dwindle due to the deduction process, which can be initiated by both large and small companies using specific customer codes and reasons. It allows for deduction management to be adjusted to any bank file or remittance format, facilitating quick review and approval of deductions. Additionally, users can devise reason and deduction codes directly from remittance data, irrespective of the ERP system in use. This comprehensive solution ensures that businesses can efficiently manage their financial operations and significantly reduce losses related to deductions.
Description
Solvexia is the reconciliation platform built for finance teams operating at scale. Where other tools rely on simple, structured data and standard matching scenarios, Solvexia is purpose-built for environments where data is messy, volumes are high, and the matching logic is complex.
Across payments, financial services, and high-transaction businesses, finance teams use Solvexia to automate reconciliation processes that were previously dependent on manual effort and spreadsheet workarounds. One-to-many and many-to-many matching, partial matches, timing differences, and exceptions are all handled automatically, with approximately 99% auto-match rates maintained even as complexity increases.
Solvexia connects directly to every data source in your finance stack. ERPs, bank feeds, payment processors, Excel files, and APIs all feed into a single reconciliation workflow, without requiring data to be pre-formatted or manually consolidated beforehand. The platform adapts to your data, not the other way around.
Finance teams implement and run Solvexia independently. There are no IT dependencies, no custom development required, and no technical backlog to navigate when matching rules or workflows need to change. The platform is configurable by the people doing the work.
Most companies are live within 90 days. As transaction volumes grow, Solvexia scales with them, maintaining the same match rates and performance that teams relied on from day one.
API Access
Has API
API Access
Has API
Screenshots View All
No images available
Integrations
Microsoft Dynamics 365
Microsoft OneDrive
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Cashbook
Founded
1992
Country
Ireland
Website
www.cashbook.com
Vendor Details
Company Name
Solvexia
Founded
2008
Country
Australia
Website
www.solvexia.com
Product Features
Accounting
Accounts Payable
Accounts Receivable
Bank Reconciliation
Billing & Invoicing
CPA Firms
Cash Management
Cryptocurrency Support
Expense Tracking
Fixed Asset Management
Fund Accounting
General Ledger
Government
Multi-Currency
Nonprofits
Payroll Management
Project Accounting
Purchase Orders
Tax Management
Banking
ATM Management
Compliance Tracking
Corporate Banking
Credit Card Management
Credit Union
Investment Banking
Multi-Branch
Online Banking
Private Banking
Retail Banking
Risk Management
Securities Management
Transaction Monitoring
Financial Reporting
"What If" Scenarios
Audit Trail
Balance Sheet
Cash Management
Consolidation / Roll-Up
Forecasting
General Ledger
Income Statements
Multi-Company
Multi-Department / Project
Profit / Loss Statement
Payment Processing
ACH Check Transactions
Bitcoin Compatible
Debit Card Support
Gift Card Management
Mobile Payments
Online Payments
POS Transactions
Receipt Printing
Recurring Billing
Signature Capture
Product Features
Data Preparation
Collaboration Tools
Data Access
Data Blending
Data Cleansing
Data Governance
Data Mashup
Data Modeling
Data Transformation
Machine Learning
Visual User Interface
Robotic Process Automation (RPA)
Analytics
Attended Automation
Code-free Development
Image Recognition
Optical Character Recognition
Process Builder
Third Party Application Integration
Unattended Automation