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Automating software processes with Thoughtful can lead to significant time, money, and resource savings.

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Averaged Time Saved / mo.

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Averaged Money Saved / mo.

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Tasks Automated

Thoughtful can automate several processes within Lighthouse Payment Services.

Thoughtful can help Lighthouse Payment Services customers streamline their operations by integrating with their payment gateway to automate payment processing, reconciling, invoicing, fraud detection, and customer management. With Thoughtful, invoices can be generated and sent to customers with the added convenience of tracking expenses for timely receipt. Our machine learning algorithms can detect and flag any potentially fraudulent transactions, minimizing risk. Thoughtful also offers automation for managing customer data, including storage and updates. Lastly, Thoughtful can generate reports on financial performance, transaction history, and customer behavior, giving valuable insights into the business.

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PI

Payable Invoice Reader

Thoughtful provides property managers with a powerful solution for automating the reading of vendor invoices using Optical Character Recognition (OCR). With Thoughtful's OCR technology, invoices can be automatically scanned and their data extracted, reducing the need for manual data entry and minimizing the risk of errors. This saves property managers valuable time and effort, allowing them to focus on more critical tasks. Additionally, Thoughtful's OCR technology is highly accurate, ensuring that invoice data is captured accurately and reducing the risk of incorrect payments or vendor disputes. The platform also provides real-time tracking and reporting capabilities, so property managers can see the status of each invoice and follow up as needed. All vendor invoices are stored securely in the Thoughtful platform, ensuring that sensitive information is protected and accessible only to authorized personnel. Overall, using Thoughtful to automate the reading of vendor invoices using OCR is an intelligent solution that saves time, reduces risk, and improves the accuracy of the invoice process for property managers.

real estate; property management; yardi; mri software; appfolio; buildium; onsite; entrata; resman; realpage one site; rent manager; adp; onpay; lighthouse payments

Vendor Invoice, Payables

PI

Payable Invoice Entry

This Bot enters multiple (batch) Payable invoices in the Property Management System.

real estate; property management; yardi; mri software; appfolio; buildium; onsite; entrata; resman; realpage one site; rent manager; adp; lighthouse payments

Payables, Vendor Invoice

SI

Slack to Invoice Creation

Every hour, this bot automatically creates new invoices, checks invoice paid status and notifies the customer.

accounting finance; all industries; accounts receivable; quickbooks; slack; lighthouse payments

Invoicing, Accounts Receivable

SI

Skipped Invoice Intervention

This bot locates skipped invoices and notifies the customer.

accounting finance; all industries; accounts receivable; bill.com; crunch accounting; financepal; freshbooks; infor; microsoft dynamics gp; netsuite; profitbooks; quickbooks; sage intacct; sap; xero; zarmoney; zoho books; lighthouse payments

Accounts Receivable, Collections, Skipped Invoice

RZ

Reconcile Zero Payments

At the end of each month, this bot reconciles Payments and Zero Pays.

healthcare; behavioral health; dental; physical therapy; accounts receivable; centralreach; epic; cerner; webpt; nextgen; qgenda; solutionreach; eclinicalworks; kareo; wellsky personal care; meditech expanse; lumary; accupoint; webaba; clinicsource; advancedmd; medez; theralytics; waystar; lighthouse payments

Medical Billing, Zero Pay, Zero Payment, Insurance Payments, Patient Responsibility, Invoices, Statements, Outstanding Balances

IN

Invoicing

The bot gets customer invoice information from a data source and creates a new invoice in the accounting application.

accounting finance; all industries; accounts receivable; bill.com; crunch accounting; financepal; freshbooks; infor; microsoft dynamics gp; netsuite; profitbooks; quickbooks; sage intacct; sap; xero; zarmoney; zoho books; lighthouse payments

Invoice, Accounts Receivable

IS

Invoice Status Verification

The bot verifies and ingests information from invoices, verify the status of the transaction, and update systems downstream.

accounting finance; all industries; accounts receivable; bill.com; crunch accounting; financepal; freshbooks; infor; microsoft dynamics gp; netsuite; profitbooks; quickbooks; sage intacct; sap; xero; zarmoney; zoho books; fiserv; lighthouse payments

Invoice, Verification, Status, Accounts Receivable

BP

Bill Payments

The bot gets what bills to pay from spreadsheet and pays them on payment website.

accounting finance; all industries; restaurant; hospitality; accounts payable; bill.com; crunch accounting; financepal; freshbooks; infor; microsoft dynamics gp; netsuite; profitbooks; quickbooks; sage intacct; sap; xero; zarmoney; zoho books; ringcentral; lighthouse payments

Bill Pay, Bill Payments

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What other process automations can we do?

To reconcile payments with Lighthouse Payment Services, for example, Thoughtful can integrate with Lighthouse's payment gateway to automatically process and record payments. Thoughtful can also use machine learning algorithms to match payments to invoices and flag any discrepancies or errors. Additionally, Thoughtful can generate daily or weekly reports on payment reconciliation status and provide transparency and ease of monitoring for Lighthouse customers. An automated reconciliation process would save time and reduce the potential for errors. Thoughtful goes beyond just automating Lighthouse; it can automate the entire process from start to finish.

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