CashApplication

Tesorio's Cash Application Agent automatically matches incoming payments to open invoices using ML and AI pattern recognition. It handles partial payments and multi-entity matching - cutting close time and enabling same-day cash application.

4.7/5 on G2 (237 reviews)

Key Features

• 95%+ Auto-Match Rate
• Same-Day Cash Application
• Real-Time Cash Visibility

Trusted by finance teams at

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See Cash Application in action

dashboard.tesorio.com/cash-application

Drafted Payments·Auto-Match

Processing

• Acme Corp
  • CUST-1204 · Wire · Mar 5, 2026
  • $47,832.16
  • TXN-20260305-8812

Invoice Status

Avg match time: 0.8s Auto-applied today: 234

How Cash Application works

1. Intelligent Payment Matching

ML models trained on your payment history match incoming payments to open invoices with 95%+ accuracy. The system handles partial payments, overpayments, cross-invoice applications, and multi-entity matching - significantly reducing manual work.

Example

• Wire Payment
  • $47,832
  • Acme Corp
  • Auto-Apply
  • INV-4521: $24,500
  • INV-4589: $18,332
  • INV-4601: $5,000

2. Email Remittance Processing

Automatically scan incoming emails for remittance information and match it to open invoices. Tesorio processes CSV, XLSX, TXT, images, and virtually any attachment type - even when customer reference numbers don't match exactly.

Example

• Remittance
  • remittance.pdf
    • ✓ Parsed
    • Payment Ref: ACH-2026-03-1847
    • Amount: $24,750.00
    • Invoices: INV-1092, INV-1094, INV-1098
    • Source: Email PDF Attachment

3. Lockbox Processing

Ingest scanned check images and lockbox files to automate cash application for check payments. What used to require hours of manual processing happens automatically, enabling same-day cash application for your lockbox volume.

Example

• Exception Queue
  • PMT-4821 → INV-1092
    • Partial: $18,200 of $24,750
    • ✓ Resolved
  • PMT-4819 → INV-1088
    • Amount: $5,000 vs $5,250
    • 72%
  • PMT-4815 → Unknown
    • No matching reference
    • 34%

4. Exception Management

Unmatched payments are routed to an exceptions workspace with AI-suggested matches ranked by confidence. Your team reviews and resolves exceptions in a streamlined interface, and the system learns from every correction to improve future accuracy.

Example

• Deduction Classification
  • Auto-Apply: 28
  • Early Pay Disc.: 3
  • Trade Promo: 2
  • Review: 3
  • Pricing Dispute: 2
  • Escalate: 2
  • Damaged Goods: 1

Use Cases

Built for real scenarios

Cash App Specialist

• Processing hundreds of lockbox payments daily
  • 95%+ auto-match rate, same-day cash application

Controller

• Accelerating month-end close across entities
  • Faster close with fewer unresolved exceptions

AR Manager

• Handling partial payments at scale
  • Automated matching frees team for strategic work

What changes in your workflow

Before

• Manually matching payments in spreadsheets
• Parsing remittance PDFs by hand
• Three-day close cycle for cash application
• Unresolved exceptions pile up for weeks

After Tesorio

• ML auto-matches 95%+ of payments instantly
• Automated remittance parsing from emails, lockbox files, and attachments
• Same-day cash application processing
• AI-suggested matches resolve exceptions faster

Integrations

Works with the tools you already use

Cash Application connects natively with your existing tech stack.

By the Numbers

• 95%+ Auto-Match Rate
• 7+ Years ML in Production
• 1 day Cash Application Cycle
• 12+ File Types Supported

What Customers Say

“Tesorio's Cash Application handles the majority of our growing invoice volume. Our automatch rate has steadily climbed above 90% which has allowed our team to save time every day.”

Alex Wilcox
Senior Operational Finance Manager, Verkada

Ready to transform your cash application?

$100B+ invoices collected | 90%+ auto-match rate | 33-day avg DSO reduction

See how Tesorio's Cash Application delivers results your team can measure in weeks.