Prepaid Automation
Prepaid expense automation — every contract on a schedule, every posting traced.
Common pain points.
The recurring issues we see in this function — on every client, in every region.
Prepaid schedules maintained in spreadsheets outside the ERP
New prepaid contracts — insurance, licenses, subscriptions — added manually, often late
Monthly postings missed or double-posted without central tracking
Audit questions on prepaid balances take days to trace back to source contracts
Key capabilities.
Configurable, composable, and consistent — built into the Record-to-Report platform.
Contract-to-schedule automation
Prepaid schedules generated the moment a contract or invoice is loaded — insurance, software licenses, retainers, subscriptions.
Automated monthly postings
Scheduled postings run automatically each period, with approval and reversal controls.
Renewal and expiry alerts
Contracts approaching renewal or expiry are flagged before the prepaid balance goes stale.
Audit drill-down
Every posting traces back to its source contract or invoice in one click.
What this unlocks.
Directional outcomes observed in operating deployments. Magnitude depends on workflow maturity, process design, data quality, automation scope, and user adoption.
Accurate prepaid balance
Schedules reflect every active contract — nothing forgotten in a spreadsheet.
Faster close
Monthly prepaid postings run on schedule, not as a period-end scramble.
Audit clarity
Full contract-to-ledger trace in seconds, not days.
Agents extract contract terms from invoices and agreements to build the amortization schedule automatically, and flag contracts nearing renewal or expiry for review.
Works best alongside.
Deepen coverage across the Record-to-Report value stream.
Amortization
Amortization schedules from contracts — modification handling, scheduled postings, and contract-to-ledger audit drill-down.
Accounts Payable
End-to-end Accounts Payable (AP) automation — AI invoice capture with OCR, email-based invoice ingestion, 3-way matching, touchless processing, exception workflows, and audit-ready controls.
Month-End Close
Month-end close automation — task orchestration, auto-reconciliations (bank, AP, AR, GL, intercompany), journal workflow, and close analytics.
Common questions.
See the platform
work on your numbers.
Start with a 20-minute walkthrough, or model the value yourself with our Finance Transformation Value Assessment.