Finance and Reporting AutomationPurpose
1.2. Automate capturing payment transactions, automatically matching to sales orders, and updating inventory and accounts for streamlined workflows.
1.3. Automatedly reduce manual effort and minimize errors in financial tracking, automating detection of mismatches, and automating notifications for reconciliation issues.
1.4. Automate generation of financial reports reflecting matched transactions and outstanding balances, speeding up month-end close routines.
Trigger Conditions
2.2. New order placed or updated in the order management system.
2.3. Batch processing window for daily/weekly reconciliation automation.
2.4. Manual initiation by finance staff to automate matching for selected transaction periods.
Platform Variants
3.1. Stripe
• Feature/Setting: Events API; configure "payment_intent.succeeded" webhook to automatically trigger match attempts.
3.2. PayPal
• Feature/Setting: IPN (Instant Payment Notification); set endpoint for automated payment to order mapping.
3.3. QuickBooks Online
• Feature/Setting: Payments API and Sales Receipts endpoint; automate fetching new payments and matching with open invoices.
3.4. Xero
• Feature/Setting: Bank Transactions API; automate reconciliation rules to match incoming bank payments to orders.
3.5. Shopify
• Feature/Setting: Orders and Payments Webhooks; automate order-payment sync and update order status.
3.6. WooCommerce
• Feature/Setting: REST API triggers for order/payment status changes; automate matching logic via webhook.
3.7. Square
• Feature/Setting: Transactions API; automate pulling sales transaction and automating reconciliation process.
3.8. Sage Intacct
• Feature/Setting: Order Entry and Cash Management API; automate payment application workflows.
3.9. Braintree
• Feature/Setting: Webhooks on successful transactions; automation to update order system and ledger.
3.10. Zoho Books
• Feature/Setting: Payments Received API + Sales Orders API; set automation for auto-matching logic.
3.11. FreshBooks
• Feature/Setting: Payments & Invoices API; automate real-time status change upon payment detection.
3.12. Oracle NetSuite
• Feature/Setting: SuiteTalk Web Services; automate order and payment synchronization, auto reconciliation scripts.
3.13. Microsoft Dynamics 365
• Feature/Setting: Finance & Operations APIs; automate payment matching automation using flow triggers.
3.14. SAP Business One
• Feature/Setting: Service Layer APIs; automate fetching incoming payments and automate order matching routines.
3.15. Authorize.Net
• Feature/Setting: Transaction Reporting API; configure periodical automation sync job.
3.16. Amazon Pay
• Feature/Setting: Notifications API/webhooks for payment events; automate mapping to order numbers in ERP.
3.17. Mollie
• Feature/Setting: Payments and Orders API; automate event-driven matching process for every successful payment.
3.18. Adyen
• Feature/Setting: Notification webhooks + Data API; automate updating order statuses and financial systems.
3.19. Klarna
• Feature/Setting: Order Management API; automatedly update order records when payments complete.
3.20. Salesforce Commerce Cloud
• Feature/Setting: OCAPI Events and Data Webhooks; automate mapping incoming payments to order IDs.
Benefits
4.2. Improves cash flow visibility through automated reporting and tracking.
4.3. Enables real-time financial insights with automation for management.
4.4. Automator enables faster period closes, supporting compliance and accuracy.
4.5. Automation supports scaling transaction volumes without extra overhead.
4.6. Automates notifications for reconciliation mismatches, reducing lost revenue.
4.7. Automates exceptions handling for unresolved payment/order matches, automating escalation paths.
4.8. Ensures customer service responds faster with automated order-payment statuses.