Overview
Decisions Start with Data
Statement is an AI powered cash intelligence platform that enables global liquidity management, real-time cash-flow forecasting, automated A/R reconciliation and Payments. Their mission is to empower Treasury and Finance teams with better data and automation tools that let them be proactive, strategic partners to the business. The platform boasts enterprise-grade security, proprietary machine learning models, AI tools, custom data enrichment and global connectivity to any bank, ERP, or investment system.
Statement commits to a “no IT on-boarding” experience, which further supports the internal prioritization that Treasury teams deserve.
AI-Powered Treasury Tools: AI and machine learning models are foundational to our data infrastructure and the products we build. This means that every treasury module and tool within Statement is powered by a version of AI that improves speed, understanding and usability of each users’ data.
Working Capital Insights On-Demand: Statement ensures on-demand treasury management is possible by pulling data from every connected account every few minutes. This means global cash positions are always up to date, and with a Last Update view, users always know the data can be trusted.
Automated Transaction Categorization: Statement’s Data Enrichment module uses machine learning models to normalize every bank file format and categorize each transaction. Users can easily fine-tune their data with bulk review and editing tools, which ensures higher accuracy and reliability of inputs into their cash-flow forecast.
No IT Onboarding: Statement’s API-first connectivity infrastructure offers pre-built integrations and to most banks and ERPs. For alternative connection types, Statement has established standard integration methods with processes that don’t require IT resources.