Cash Application Software

Cash Application Software: Automate AR,
optimize cash flow

Leverage OpenEnvoy’s AI to streamline AR processes, ensuring rapid, accurate, and efficient cash application management.

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FEATURES

Streamline your cash application process today

OpenEnvoy eliminates manual cash application processes, seamlessly automating AR processes without the need for complex setups, templates, or additional resources required by other solutions.

Automate Accounts Receivable with ease

Free your finance team from manual cash application tasks. OpenEnvoy’s AI-driven best cash application software automates AR processes, ensuring quick and accurate cash application without manual intervention.

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Maximize efficiency,
minimize errors

Remove the risks of manual cash management. OpenEnvoy's automatic cash application solution aids in reconciliation, reducing errors, and giving your team more time to focus on high-value tasks.

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Streamline ERP integration

Seamlessly sync with your ERP to automate data flow between your AR cash application and financial systems, ensuring real-time updates without manual input.

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Accelerate cash application

Reduce delays in applying cash and handling payments. OpenEnvoy's first cash application automation ensures payments are matched to invoices instantly, improving your cash flow and reducing time-to-value.

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Optimize reporting
& control
Gain real-time visibility into your AR processes. OpenEnvoy's cash application software provides detailed insights into cash management performance, helping you improve workflows and make data-driven decisions faster.
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FAQ

Frequently asked questions about cash application automation

You can automate cash application without templates or portals by using AI-driven software like OpenEnvoy that handles any remittance format, PDFs, emails, EDI, and images without needing supplier-side changes.

Traditional systems depend on rigid templates or ask suppliers to log into portals, which creates delays and onboarding friction. OpenEnvoy’s automated cash application software eliminates this by applying AI + OCR to intelligently interpret and match remittance data in real time. This gives you touchless reconciliation that scales without IT involvement.

👉 Learn more about OpenEnvoy’s cash application automation software →

The fastest way to reconcile incoming payments is with cash application automation software that runs on AI not manual rules.

OpenEnvoy processes high-volume remittance data instantly, including complex formats like PDF scans or email bodies. It automatically matches payments to invoices even across split payments, overpayments, and short pays. With no batch processing delays or human matching, payments are applied same-day, accelerating cash flow and reducing DSO.

👉 Explore how OpenEnvoy speeds up AR reconciliation →

Yes. OpenEnvoy’s AI-first platform automates non-PO cash application with 95%+ accuracy, removing the manual burden from your AR team.

Non-PO invoices are typically harder to match due to lack of structured data. OpenEnvoy solves this by combining first-party invoice data, remittance inputs, and third-party context (like contract terms or CRM metadata). The AI engine dynamically applies payments without needing fixed rules or supplier changes making it the most adaptable cash application software for large enterprises.

👉 See how OpenEnvoy handles non-PO automation →

OpenEnvoy customers typically see ROI in under 6 weeks by cutting processing time, reducing headcount costs, and unlocking faster working capital.

Manual cash application costs finance teams up to $16 per transaction due to staff time, exception handling, and delayed revenue recognition. OpenEnvoy’s automated cash application software reduces these costs dramatically by applying 100% of payments automatically—even at enterprise scale. Case in point: Schreiber Foods cut 75% of AR labor in just 6 weeks with OpenEnvoy.

👉 Read the full Schreiber transformation →

CFOs gain real-time transparency across receivables, payment behavior, and DSO trends with OpenEnvoy’s cash application solutions.

The platform integrates directly with your ERP, like NetSuite, Oracle, or SAP, providing accurate dashboards of applied, pending, and delayed payments. You can forecast collections with greater precision and identify risk earlier, without relying on spreadsheets or stale reports.

👉 Explore AR visibility with OpenEnvoy →

The best tool for complex remittance is one that adapts to your data, not the other way around. That’s OpenEnvoy.

Our AI-powered cash application automation software reads remittance information from any format, structured or unstructured, and applies cash without rules, templates, or custom code. Whether you're processing thousands of invoices via EDI or reconciling scanned PDF checks, OpenEnvoy handles it all, zero manual intervention required.

👉 Compare how OpenEnvoy handles remittance complexity →

To reduce DSO, you need real-time cash application with zero manual delay.

OpenEnvoy’s automated cash application software helps teams apply payments faster, improving working capital and reducing days in AR. By automating matching across any payment or remittance format, finance teams can recognize revenue instantly, often cutting DSO by 30% or more. This has a direct impact on your cash flow, borrowing power, and financial agility.

👉 Learn how to master cash application in six weeks→

Most traditional systems rely on portals, rules engines, or templates that break when faced with non-standard formats or missing data.

Enterprise AR teams need cash application solutions that can handle scale, complexity, and system variability. OpenEnvoy’s AI engine automatically reconciles remittances without supplier setup, coding, or rules, making it ideal for large finance teams handling high transaction volumes across multiple entities or ERPs.

👉 See why modern AR teams are switching to OpenEnvoy →

By replacing manual matching with AI-driven automation.

OpenEnvoy delivers automation of cash application by handling every step, capture, reconciliation, and posting without needing additional headcount. You avoid errors, reduce exceptions, and eliminate the need for staff to chase down payment details. It’s how high-growth companies scale AR without scaling costs.

👉 Learn how Schreiber achieved this →

OpenEnvoy is the only AI-first cash application software that requires no templates, portals, or supplier onboarding.

Unlike HighRadius or BlackLine, which often involve long implementations and supplier cooperation, OpenEnvoy works out of the box with your existing ERP and email workflows. It’s especially well-suited for companies using NetSuite or managing high-volume, low-value invoices. The result: faster ROI, lower TCO, and a frictionless AR experience.

👉 Compare OpenEnvoy vs HighRadius in detail →

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