Accounting Automation
Flawless books,
8X faster close.
Automate reconciliations, between your bank, ERP, and even payment gateways—without the hassle. Consider your work 95% done.
Keep your books in order, collect more, and worry less.
With clear visibility and AI-powered insights, you'll spend more time optimizing decisions and less time compiling data.
Reconciliation busywork belongs to AI. Right?
Some tasks are made for humans. Others—like bank reconciliation—are made for AI. Why? It’s all about matching high-volume, unstructured data with precision. That means time and risk. Trust us, your time’s better spent on strategy.
We love complex invoice matching. You’ll love lower DSO.
- Easily see who paid and which invoices are outstanding
- Collaborate with AR on the right customer follow-ups
- Automate tedious accounting workflows for collections
We love three-way reconciliation. You’ll love extra coffee time.
- Eliminate manual workflows that delay your time to close
- Ensure every transaction is accounted for and reconciled
- Quickly detect issues like missing payments or bugs
Forward-thinking finance teams run on Nilus
"Yotpo now uses Nilus to automate all of its cash applications and Bank reconciliation -from matching invoices to payments to creating invoices within the ERP and pushing JE, replacing hundreds of hours of manual work with automation."
How Nilus helps
businesses thrive
- Monthly hours saved200+
- Reduce DSO5 days
- Number of Banks20
Frequentlyasked questions
Connect all of your banks and providers accounts in minutes. See your cash positions and drill down to the transaction level - all in one unified dashboard.
How does Nilus automate cash application to open invoices?
Nilus automatically matches incoming payments to open invoices using intelligent pattern recognition and machine learning. It analyzes payment details, such as references, amounts, and customer history, to accurately apply cash to the correct invoices, significantly reducing manual effort and errors.
Can Nilus improve the speed and accuracy of month-end reconciliation?
Absolutely. Nilus continuously reconciles transactions throughout the month, reducing the pressure of month-end reconciliation. It provides real-time visibility into discrepancies, allowing for timely resolution and ensuring that closing the books is faster and more accurate.
How does Nilus automate the bank reconciliation process?
Nilus automatically matches bank transactions with accounting records in real-time. It uses machine learning to detect patterns, quickly identify discrepancies, and suggest corrective actions, significantly reducing the time and effort involved in manual reconciliation.
How quickly can we implement and start using Nilus?
Nilus is designed for quick implementation, typically ranging from 24 hours to 4 weeks, depending on the complexity of your current systems. Most businesses can start using core features within a few days. Our team provides full support throughout the implementation process to ensure a smooth and successful transition.
Join top-notchcompanies transforming treasury with Nilus.
Our customers walk into management meetings more confident than ever in their cash data, cash flow forecasts, and decisions. Get started with Nilus in one day, and you’ll see why.
See also...
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