Finance teams often spend significant time processing supplier invoices, handling incoming payments, matching transactions, following up on approvals and managing documents across Accounts Payable and Accounts Receivable.
FinClaw applies AI to these processes to reduce manual processing and help standardise day to day finance operations.
It supports invoice processing, payment processing, matching, reconciliation and approval workflows, allowing finance users to focus their attention on exceptions and transactions that require review.
Capture invoices, payment information and supporting documents from defined channels and prepare them for processing.
Capture and extract relevant information from supplier invoices for Accounts Payable processing.
Capture and extract relevant information from payment advices and other payment related documents for Accounts Receivable processing.
Match invoice information against purchase orders and goods receipts, and match payment information against outstanding invoices and customer records.
Route invoices and other transactions to the appropriate approvers based on your business rules.
Support the reconciliation of incoming payments against outstanding receivables and identify items requiring further review.
Identify transactions that require review and bring them to the attention of the appropriate users.
Store and retrieve invoices, payment documents and supporting information from a centralised digital repository.
Monitor transaction status, approvals, matching results, reconciliation and exceptions through a centralised interface.
FinClaw supports Accounts Payable and Accounts Receivable processes including invoice processing, payment processing, matching, reconciliation and approval workflows.
Yes. FinClaw brings key AP and AR processes together, allowing businesses to apply AI powered automation across both sides of their finance operations.
Yes. FinClaw can match supplier invoice information against purchase orders and goods receipts to identify matching conditions and potential discrepancies for review.
Yes. FinClaw can match incoming payment information against outstanding invoices and customer records, and support the reconciliation process by identifying matched and unmatched items.
Yes. FinClaw is designed to work alongside existing ERP and business systems. The integration approach depends on your current system, finance processes and the information that needs to be exchanged.
Yes. FinClaw automates repetitive processing while keeping users involved where judgement, approval, investigation or exception handling is required.
The suitability of FinClaw depends on factors such as transaction volume, current AP and AR processes, matching requirements, approval workflows, reconciliation processes and your existing ERP environment. SL Information can assess your current finance processes and identify where automation can provide practical value.
