Payment Verification
Verify payments against source documents
Ensure every payment is legitimate by matching against approved purchase orders, contracts, and invoices. Catch duplicate payments and fraud before they impact your bottom line.
100%
Duplicates Caught
$1M+
Fraud Prevention
3x faster
Processing Speed
Common Challenges
Duplicate Payments
Paying the same invoice twice costs companies 0.5-2% of their AP spend annually.
Unauthorized Payments
Payments without proper authorization or source documents create compliance risk.
Payment Fraud
Vendor fraud schemes can go undetected without proper verification controls.
How ReconcileAI Helps
Duplicate Detection
AI identifies potential duplicates based on amount, date, vendor, and invoice patterns.
Authorization Matching
Match every payment to an approved PO or contract before processing.
Anomaly Detection
Flag unusual payment patterns that may indicate fraud or errors.
How It Works
Payment Queue
Import pending payments from your payment system
Source Matching
AI matches each payment to POs, contracts, and invoices
Risk Analysis
Review flagged payments for duplicates and anomalies
Approve & Process
Release verified payments for execution
Key Features
Real-Time Alerts
Get notified immediately when potential issues are detected.
Vendor Verification
Validate vendor bank details against known good records.
Recovery Tracking
Track duplicate payment recovery efforts and success rates.
Ready to streamline your payment verification?
Start your free trial today. No credit card required.