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Accounting & finance ops

Books that are ready before month end.

Most of accounting is reading documents, matching them to records and chasing the gaps. This pipeline captures every bill and receipt, codes it to the right account, matches it to the purchase order and receipt, reconciles the bank and payment feeds daily, chases overdue invoices, drafts the recurring journals and prepares the close pack. Payments and journal entries wait for a person to approve; every step carries its source document for audit.

3–4 d
Month-end close
90%+
Transactions auto-matched
−75%
Cost per invoice

How it runs

Step through the pipeline.

Click a step or let it play. The month-end record on the right fills in as the agents work.

Step 01 of 08

Capture every document

Bills, receipts and statements arrive in an AP inbox, a supplier portal or a photo from the field. The agent reads each one, pulls the supplier, amounts, tax and line items, and files the original against the record.

AP inboxDext / HubdocVelum agent
Month-end record1 / 8 fields
Document
Bill from Acme Packaging · $4,812.50 · 14 lines · tax $438.41
Coding
—
Match
—
Payment
—
Reconciliation
—
Receivables
—
Journals
—
Close
—
  1. 01 · Capture every document

    Bills, receipts and statements arrive in an AP inbox, a supplier portal or a photo from the field. The agent reads each one, pulls the supplier, amounts, tax and line items, and files the original against the record.

    Tools: AP inbox, Dext / Hubdoc, Velum agent. Output: Document.

  2. 02 · Code it to the ledger

    Each line is coded to the right GL account, cost centre and tax rate using your chart of accounts and how similar bills were coded before. Anything below the confidence threshold is queued with its reasoning instead of guessed.

    Tools: Xero / QuickBooks / NetSuite. Output: Coding.

  3. 03 · Match to PO and receipt

    The bill is matched against the purchase order and the goods receipt. Price, quantity and duplicate checks run automatically, and mismatches are flagged with the difference spelled out.

    Tools: ERP / purchasing, Velum agent. Output: Match.

  4. 04 · Schedule the payment

    Matched bills are scheduled against due dates, early-payment discounts and cash on hand. The payment run is proposed as one batch and a person approves before any money moves.

    Tools: Bill.com / Ramp, Bank. Output: Payment. A person approves before this step completes.

  5. 05 · Reconcile bank and payouts

    Bank, card and payment-processor feeds are matched to ledger entries every day, including batched payouts, fees and refunds. Breaks surface the morning after they happen, not at month end.

    Tools: Bank feeds, Stripe / Shopify payouts. Output: Reconciliation.

  6. 06 · Chase receivables

    Overdue invoices get reminders by customer tier, in your tone, with the invoice attached. Replies such as disputes or promises to pay are logged against the account and escalated when needed.

    Tools: Xero / QuickBooks, Email. Output: Receivables.

  7. 07 · Draft accruals and journals

    Recurring entries such as accruals, prepayments, depreciation and intercompany charges are drafted from rules and supporting data, each with its workings attached. The controller reviews and posts.

    Tools: Velum agent, General ledger. Output: Journals. A person approves before this step completes.

  8. 08 · Prepare the close pack

    The close checklist is tracked, balance-sheet accounts are tied out and month-on-month variances are explained in plain language, so the management pack is ready for review on day three.

    Tools: Sheets / BI, Slack. Output: Close.

Impact

What changes when it runs.

Illustrative targets from comparable engagements. Your baseline is measured in the audit and the targets are agreed before we build.

MeasureBeforeWith agentsChange
Month-end close8 to 10 working days3 to 4 days−60%
Cost to process an invoice$12 to $20$3 to $5−75%
Bank lines reconciled by handAll of themExceptions only−90%
Invoice cycle timeAbout 2 weeks2 to 3 days−80%

Hours saved and ROI

What it is worth to your team.

Start from our defaults for this pipeline, then move the sliders to your numbers. The maths is simple and shown.

Hours reclaimed14 hper accountant, every week

Based on typical AP data entry, coding, bank reconciliation and receivables chasing for a small finance team, replaced by around four hours a week of reviewing exceptions and approving payments and journals.

Worked example

A finance team of three each spending 18 hours a week on data entry, matching, reconciliation and chasing at a $50 loaded hourly cost: about 40 hours reclaimed every week, roughly $105,000 a year in capacity, before counting early-payment discounts and faster collections.

Gross capacity, not cash savings. Excludes implementation, software and supervision costs, which are quoted before we start.

Your numbers

3
18 h
$50
75%

An assumption to explore, not a promised result.

What that is worth

41 h

reclaimed every week

$105,300

value per year

175 h

every month

1.0 FTE

of capacity returned

Hours on repetitive work, per week

Today54 h
With agents14 h
Validate these numbers

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

Questions about this pipeline

01

Will agents post to our ledger without us checking?

No. Coding and matching run automatically and are sampled for review, but payments and journal entries wait for a named approver until you choose to change that. Every entry links to its source document.

02

Which accounting systems does this work with?

Xero, QuickBooks Online, NetSuite, Sage Intacct and most ERPs with an API. Bank and card feeds, Stripe, Shopify and bill-pay tools like Bill.com or Ramp connect alongside.

03

What about audit and controls?

Each action is logged with who or what did it, the inputs it used and who approved it. Segregation of duties is kept: the agent that prepares a payment run cannot approve it.

04

We are an accounting firm, not an in-house team. Does this fit?

Yes. Firms use the same pipeline across client files for bookkeeping, reconciliation and month-end, with a reviewer per client. It lets the same team take on more clients without more hiring.

05

Where should we start?

Usually accounts payable or bank reconciliation. Both are high-volume and easy to measure, and a supervised pilot on one entity typically runs within three to four weeks of scoping.

Want this running for your team?

We scope one entity and one workflow, run a supervised pilot alongside your team, and hand over a pipeline your controller owns.