AP automation · Statement processing
Drop a statement. See what’s paid, and what’s missing.
Upload a PDF, CSV or Excel bank statement. OmniPATH’s AI reads every transaction, matches each one to your approved invoices, checks your accounting software for confirmation and flags anything it can’t resolve.
The pipeline
Upload to review in seconds.
The processing pipeline runs in stages, each visible in real time. You watch the progress bar. If anything fails, the error is shown and you can retry with one click.
Three statuses
Green. Amber. Red. That’s it.
Every line on your statement gets one of three statuses. The dashboard shows colour-coded rows: click any line to see the AI’s reasoning, adjust the allocation or chase the supplier.
- Matched: fully allocated to one or more invoices. Nothing to do.
- Partial: some allocated, the rest needs explaining. Tag it as a fee, discount or FX.
- Missing: no matching invoice. Chase the supplier in one click.
bidfood-statement-may.pdf · reconciling
Illustrative| Measure | Result |
|---|---|
| Statement lines | 24 |
| Matched to invoices | 22 (92%) |
| Unmatched | 2 |
| Discrepancy | £186 |
Matching engine
Six strategies. Run in parallel.
Every transaction line is tested against your approved invoices using six strategies, each producing a confidence score. Matches above your threshold (85% by default, configurable) are applied automatically.
| Strategy | What it does | Confidence |
|---|---|---|
| ERP passthrough | Transaction already reconciled in your accounting software | 97% |
| Reference match | Invoice number found in the transaction description | 95% |
| Exact amount | Amount matches an unpaid invoice from the same supplier | 80-92% |
| Batch detection | One payment covers 2-4 invoices from the same supplier | 85% |
| Partial payment | Payment is less than the full invoice; the remainder is tracked | 55-78% |
| Cross-supplier | Payment covers invoices from different suppliers | 65% |
ERP cross-reference
Connected to your accounting software.
When you connect Xero, OmniPATH checks each statement line against your ERP’s transaction records. Lines that already exist in your accounting system are confirmed, so there is no double-entry risk. The cross-reference runs automatically during processing and refreshes every 30 minutes.
- Xero: live integration, two-way sync
- QuickBooks: coming soon
- Sage 200: coming soon
Security and audit
Every action logged.
A full audit trail on every match, allocation, chase and close action, logged with who and when. Every auto-match includes its confidence score and reasoning. Role-based access controls who can upload, match or close.
- AI transparency: confidence score and reasoning on every match
- Organisation isolation: your data is never visible to other organisations
- Encrypted storage: uploaded statements stored with AES-256
For finance teams
Stop cross-referencing. Start closing.
Upload a file, review the exceptions, close the period. That is the entire workflow. What used to take days now takes minutes.
PDF, CSV and Excel
Drag and drop any format. OmniPATH detects the layout, finds the transaction table and extracts every row. No templates. No column mapping.
Duplicate protection
Upload the same file twice and OmniPATH blocks it. Statements with matching filenames are rejected with a clear message.
One-click chase
For missing items, send a chase email pre-filled with the transaction date, amount and description. OmniPATH tracks when the chase was sent.
Period close
Once every line is matched or accounted for, close the statement. Closing locks it from further changes and marks the period complete in your audit trail.
Cash position
See current bank balances across every connected account in one view. Balances come from your accounting software and are flagged when stale.
30-minute refresh
The ERP cross-reference runs during processing and refreshes every 30 minutes, so your reconciliation data is always current.
Stop cross-referencing statements. Start closing the period.
Bring a real supplier or bank statement to a 30-minute demo and we'll reconcile it against your invoices, live.
No setup fees · No minimum term · UK-based support