Cash Application

by Ledge · ERP and finance · New York, United States

AI-powered payment-to-invoice matching and cash application that handles messy payment data and remittance files.

What Cash Application does

• Automated payment-to-invoice matching across messy data
• Remittance extraction from PDFs, emails, and shared inboxes
• AI-assisted match suggestions based on transaction and entity context
• Intelligent exception handling with suggested resolutions
• Continuous daily application with GL synchronization
• Full audit trail for every match and record
• Entity-aware logic across subsidiaries
• FX handling
• No-code rules configuration
• Learning from historical financial records and prior decisions

What Cash Application is used for

• Real-time cash application to keep AR accurate
• Handling short pays and overpays
• Keeping Undeposited Funds and AR aging accurate
• Preventing duplicate collection outreach
• Scaling payment processing without headcount increase

Who Cash Application is for

• B2B companies
• SaaS companies
• Fintech companies
• Marketplace platforms
• Vertical SaaS

About Ledge

AI agents that automate financial close, reconciliation, and journal entry preparation.

Ledge in the vendor registry: its products, features and similar vendors.

Also by Ledge

• Account Reconciliation: AI-powered reconciliation of balance sheet accounts, bank accounts, and intercompany transactions with continuous discrepancy detection.
• Close Orchestration: Agentic close checklist that tracks tasks, dependencies, and monitors in real time across all entities and teams.
• Working Papers: AI-prepared working papers and reconciliation schedules that tie balances to GL with full source data traceability.
• Journal Entries: AI-drafted journal entries with attached evidence and GL posting controls.
• Flux Analysis: AI-powered variance analysis that flags material variances and pulls supporting transactions.
• Payment Reconciliation: Automated reconciliation of payments across banks and payment service providers.

More in this category: ERP and finance software.

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