Match Remittance Advice to Bank Deposits and Open Invoices Automatically, Across Every Payment Channel
Reconciling remittances means tying a bank deposit back to the invoices it was meant to settle, no matter how it arrived.
A deposit on the bank feed doesn't say what it's for. The remittance advice does, if it's actually linked.
A payment only closes the books once it's matched to the specific invoice it settles.
A short payment or a duplicate deposit is easy to miss when it's buried in a month of transaction volume.
Remittance questions are one of the most common AP inquiries, and most of the time is spent just finding the answer.
ACH clears fast. A check doesn't show up until it's deposited. Both need to reconcile the same way in the end.
Four steps that take a remittance from arrival to a closed, matched invoice.
What remittance reconciliation needs to cover changes with payment volume and channel mix.
Matching outgoing payments to supplier invoices and resolving remittance questions quickly.
Matching incoming customer payments to open invoices without a manual search.
Keeping a clear, reconciled view of cash position across every payment channel.
Teams where a manual check still mostly works, but misses the occasional short payment.
Teams processing more than a few hundred payments a month, where manual matching stops scaling.
Finance teams whose growth has outpaced what a spreadsheet-based reconciliation process can realistically cover.
Fast-clearing channels that still need remittance detail matched correctly.
Teams managing the slower reconciliation timeline that paper checks bring.
Teams reconciling ACH, wire, check, and card payments side by side.
Kosh AI connects directly with all major banks and ERPs, enabling real-time data sync for faster, more accurate reconciliations—no manual uploads, no delays.
Automated remittance reconciliation software matches remittance advice, the document or data accompanying a payment that explains what it's for, against bank deposits and open invoices. It checks the paid amount against the invoiced amount, splits combined payments across the right invoices, and flags anything that doesn't line up.
Done manually, this means an AP or AR team cross-referencing bank feeds against invoices and remittance emails, one payment at a time. Remittance questions are consistently one of the most common inquiries finance teams field, and most of that time is spent simply finding the answer rather than resolving anything. A duplicate payment or a short payment buried in a month of volume can go unnoticed for weeks, especially past a few hundred payments a month.
Kosh AI's automated remittance reconciliation software matches remittance advice to deposits and invoices across every payment channel, from ACH to check, so underpayments, overpayments, and duplicates surface automatically instead of waiting for someone to go looking.
Matching remittances by hand can work at low payment volume. See what changes once it runs automatically.
| Feature | Automated Remittance Reconciliation | Manual Remittance Reconciliation |
|---|---|---|
| Remittance Matching | Matched to deposits and invoices automatically. | Cross-referenced by hand across bank feeds and emails. |
| Combined Payment Splitting | Split correctly across every invoice covered. | Prone to misallocation across multiple invoices. |
| Variance Detection | Underpayments and duplicates flagged automatically. | Often missed in high payment volume. |
| Remittance Inquiries | Answered instantly from matched records. | One of the most time-consuming AP inquiries to resolve. |
| Multi-Channel Reconciliation | ACH, wire, check, and card handled in one view. | Each channel often reconciled separately, by hand. |
| Books Close | Runs on data that's already matched. | Delayed by unresolved remittance questions. |
A few signs point to remittance reconciliation outgrowing a manual process.
Teams processing more than a few hundred payments a month, where manual matching stops being realistic.
Teams juggling ACH, wire, check, and card payments, each with its own timing and remittance format.
Teams spending real time every week just answering what a payment was for.
Teams whose close gets delayed by unresolved remittance questions and unmatched deposits.
A few habits keep remittance reconciliation fast enough to matter before it slows down close.
Bring a recent batch of unmatched deposits to the call. We'll show you how Kosh AI would have matched them to your invoices automatically.
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