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Velum

Agents by department

Close the books in days, not weeks, without adding to the finance team.

Bills, reconciliations, receivables and month-end run by agents. Your controller approves.

  • 3–4 d month-end close
  • 90%+ auto-matched
  • −75% cost per invoice

In short

What do Velum accounting agents do?

Velum Accounting agents automate the accounting cycle: invoice capture and GL coding, three-way matching, payment scheduling, daily bank and payment-processor reconciliation, receivables follow-up, accruals and recurring journals, and month-end close preparation. They work on top of Xero, QuickBooks, NetSuite and other ledgers, keep segregation of duties, and require approval before any payment or journal posts.

Accounting is mostly reading documents, matching them to records and chasing what does not match. Accounting agents capture and code every bill, match it to the purchase order, reconcile bank and payout feeds daily, chase overdue invoices, draft the recurring journals and prepare the close pack. Payments and journal entries always wait for a named approver, and every entry links back to its source.

What we can implement

The agents in this line.

  • Invoice cost down ~75%

    Accounts payable agent

    Bills read, coded to the right account and matched to the PO and receipt; payment runs proposed for approval.

  • 90%+ auto-matched

    Reconciliation agent

    Bank, card, Stripe and Shopify feeds matched to the ledger every day, with exceptions explained.

  • DSO down ~30%

    Receivables agent

    Tier-aware reminders, dispute and promise-to-pay logging, and a weekly cash view.

  • Journals ready day one

    Journal agent

    Accruals, prepayments, depreciation and intercompany entries drafted with workings attached.

  • Close in 3 to 4 days

    Close agent

    Close checklist tracked, balances tied out and variances explained in plain language.

  • More clients per bookkeeper

    Bookkeeping agent

    For firms: transactions categorised and queries raised across every client file, reviewed per client.

What changes

Before and after.

Typical ranges from comparable deployments. Your baseline is measured in the audit.

  • Month-end close

    Before8 to 10 working days

    After3 to 4 days

    −60%

  • Cost per invoice processed

    Before$12 to $20

    After$3 to $5

    −75%

  • Bank lines matched by hand

    BeforeAll of them

    AfterExceptions only

    −90%

Ranges observed across comparable deployments. Your Assess produces the real baseline.

Your numbers

What is this work costing you today?

Move the sliders. The maths is simple and shown.

Your numbers

8
12 h
$45
60%

An assumption to explore, not a promised result.

What that is worth

58 h

reclaimed every week

$134,784

value per year

249 h

every month

1.4 FTE

of capacity returned

Hours on repetitive work, per week

Today96 h
With agents38 h
Book a call

Gross capacity estimate, not cash savings. Excludes implementation, software, and supervision costs. We validate assumptions in the audit.

Accounting agents: good questions

01

Will agents post to the ledger on their own?

Coding, matching and reconciliation run automatically and are sampled for review. Payments and journal entries wait for a named approver, and the agent that prepares a payment run cannot approve it.

02

Which accounting systems do you connect to?

Xero, QuickBooks Online, NetSuite, Sage Intacct and most ERPs with an API, plus bank feeds, Stripe, Shopify and bill-pay tools such as Bill.com and Ramp.

03

Does this work for accounting firms?

Yes. Firms run the same agents across client files for bookkeeping, reconciliation, receivables and month-end, with a reviewer per client.

04

How do we start?

With an AI opportunity audit: we map the workflow, report the opportunities, and agree scope and success criteria before building.

05

What happens after launch?

We hand over documentation and train the owner. Managed AI operations can run and improve the agents for you.

Close the books in days, not weeks, without adding to the finance team.

Clear scope. Tested workflows. A supported launch. Thirty minutes to find out if your function qualifies.