Xstream AR Automation Solution by Xcellerate IT
Xstream AR Automation Solution by Xcellerate IT Overview
Features
- Bank statement ingestion
- Smart cash application that auto-matches payments to invoices, credits and remittances using rules + AI
- Multi-reference matching across invoice #, PO #, customer ID, amount splits, and tolerance bands
- Remittance capture from email attachments and customer portals with auto-linking to bank lines
- Auto-close of invoices in the ERP with full audit trail and reversal controls
- Exception workspace for short-pays, over-pays, unidentified cash, duplicates and partials
- Prioritised queues with reason codes, SLAs and one-click actions to resolve edge cases
Benefits
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Faster cash posting and earlier visibility of cash position
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Dramatic drop in unapplied cash and suspense account balances
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Shorter month-end close with cleaner, audit-ready ledgers
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Collector productivity up by shifting routine matches to automation
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Exception handling focused on high-value issues, not busywork
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Higher forecast accuracy from real-time cash-in and promise-to-pay data
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Better customer experience with quicker invoice clearance and fewer disputes
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Consistent, rules-driven process that scales without extra headcount
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Reduced operational risk through immutable audit trails and role-based access
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Stronger credit and collections decisions using performance and exception analytics
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Lower cost-to-collect by cutting manual effort and rework
Technical Details
Inputs
The inputs to Xstream AR could be any of the following due to its multi-channel capture functionality:
- Statements via email or bank login
- EDI
- XML
- WORD
- EXCEL
Outputs
After successful validation of the statement, Xstream AR has the capability to export meta-data in any of the format below along with the statement PDF:
- Flat-files (CSV, XML)
- Web service / API end-points integration
- SQL Staging Tables
