AR teams lack clear conventions and software support for handling messy multi-invoice payment applications, such as bundle discounts, partial write-offs, deduction handling, and floating deductions.
Existing ERPs offer flexibility but provide no guidance on auditor-accepted conventions for applying discounts and write-offs across multiple invoices, and lack native support for payment-header-level deductions.
Implied Software Gaps
- Automated multi-invoice payment allocation with configurable discount and write-off rules
- Support for payment-level floating deductions not tied to specific invoices
- Guidance on auditor-accepted conventions for payment application
MultiMatch AR
MultiMatch AR is a smart payment application engine that automates the allocation of lump-sum payments across multiple invoices with discounts, partial write-offs, and deductions. It enforces auditor-approved conventions like proportional discount splitting and partial write-off workflows, and supports floating deduction lines. Integrated with leading ERPs, it provides transparent audit trails and reduces manual reconciliation.
- Intelligent allocation of bundle discounts proportionally or by user-defined rules
- Partial write-off workflow allowing split of one invoice into written-off and open residual
- Auto-generation of credit memos or open deduction tracking based on rules
- Floating deduction line at payment header level not tied to specific invoices
- Audit-proof allocation reports and integration with QBO, NetSuite, Intacct, Xero
Existing Solutions Mentioned
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