How AI takes the daily grind out of reconciliation

In today’s dynamic financial landscape, corporates often grapple with delayed payments, limited visibility into outstanding invoices, and inefficiencies in manual reconciliation. For treasurers, these issues can create drag on cash flow and divert resources away from higher-value tasks.

J.P. Morgan Payments has introduced an AI-powered reconciliation solution designed to address these pain points head-on. By combining electronic invoice presentment, payment matching, and advanced analytics, the platform helps optimise working capital, streamline operations and enhance financial stability.

Key features and benefits

The solution integrates a range of functionalities that directly support treasury teams:

• Multi-Channel Collections: Supports a wide range of payment methods and provides easy access to invoice information via mobile or web. Seamless integration ensures flexibility across channels, improving the payment experience for both corporates and their customers.
• End-to-End Automated Reconciliation: Advanced AI algorithms perform three-way data matching and suggest corrective actions. This reduces manual intervention, accelerates straight-through processing (STP), and frees treasury teams to focus on strategic initiatives.
• Real-Time Reporting and Insights: Enhanced visibility into receivables enables proactive decision-making. Treasurers gain a clearer view of risks and can optimise working capital strategies with confidence.
• Improved Cash Flow Management: By optimising Days Sales Outstanding (DSO) and unlocking trapped working capital, corporates can strengthen liquidity and invest in future growth.
• Enhanced Accuracy and Risk Mitigation: AI-driven analytics improve reconciliation accuracy and highlight potential payment risks. This empowers treasurers to maintain healthy DSO ratios while implementing effective risk controls.

Client success - Huhtamaki’s transformation

A compelling example comes from Huhtamaki, a global packaging leader managing receivables from more than 1,600 buyers. Manual reconciliation had become a bottleneck, limiting cash flow visibility and control.

“Before adopting the AI-powered reconciliation service, we were overwhelmed by manual processes with no control oversight that often led to errors and inefficiencies,” recalls Sumit Mendon, Head Treasury & Credit, Huhtamaki. “With J.P. Morgan Payments’ support, we’ve streamlined our operations, reduced our reconciliation time by seven days, and gained unprecedented visibility into our cash positions with a complete audit trail.”

Since implementation, Huhtamaki has achieved 85% automation in reconciliation, significantly reducing manual effort and improving ERP integration. The result: faster, more accurate processes that free the treasury team to focus on strategic goals.

Commitment to client outcomes

The Huhtamaki case is far from isolated. Data from J.P. Morgan Payments AI-powered reconciliation solution shows:

• 50% improvement in the cash conversion cycle
• More than 98% straight-through reconciliation (STR)
• US$8.1 million in working capital unlocked across client implementations

“We are dedicated to empowering our clients with the next generation of innovative tools and insights to navigate the complexities of treasury management,” says Alan Lin, APAC Head of Payments Rails, J.P. Morgan Payments. “Our AI-powered reconciliation solution exemplifies this commitment, delivering efficiency, visibility and results.”

Looking ahead

As corporates navigate volatile markets, treasurers face growing pressure to optimise liquidity, reduce risk, and ensure transparency. J.P. Morgan Payments AI-powered reconciliation solution offers a scalable answer: automating routine tasks while equipping clients with the data and insights to make faster, better-informed decisions.

By transforming receivables management, the solution not only strengthens financial resilience but also enables treasury teams to play a more strategic role in driving growth. In a competitive environment, investing in innovation is no longer optional — it is essential.