Built for the problems other systems leave to spreadsheets.
Seven problems we hear from every growing finance team, and what Cortex Ledger does about each one.
Revenue leakage
Work is delivered but never billed, and agreed prices are not applied.
With Cortex LedgerRevenue assurance finds what was delivered but not invoiced, works out why, and tracks the recovery to cash.
Late cash
Nobody has a clear view of who to chase today, or why.
With Cortex LedgerA ranked collections queue says who to call and why, and the cash forecast shows when money should land.
Disconnected purchasing
Orders, receipts and bills do not match, and nobody sees it until payment.
With Cortex LedgerThree-way matching checks every bill against the order and the receipt, and holds what does not fit.
Slow month-end
Reconciliations are done by hand, in spreadsheets, every month.
With Cortex LedgerLedger reconciliation and the close workbench show what agrees, what does not, and what is still open.
Untrusted numbers
Figures cannot be traced back to where they came from.
With Cortex LedgerEvery figure ties to the ledger, and the dashboard says what the numbers mean in plain words.
Risky access
One person can create and approve the same payment.
With Cortex Ledger17 job roles, separation of duties and a full audit log of who did what and when.
Knowledge in people's heads
How each customer is billed and collected leaves when the person does.
With Cortex LedgerRevenue memory keeps arrangements, exceptions and how disputes were settled – and Cortex can answer from your books.
Ask Cortex LedgerAsk about your finances, or say where to go.You ask: What is overdue right now?
Cortex answers: 54 invoices are overdue, worth $239,813.96. The oldest is 465 days late. Meridian Health Pty Ltd owes the most, $60,393.01.
- Meridian Health Pty Ltd, 8 invoices, oldest 360 days, $60,393.01, overdue.
- Riverside Education Pty Ltd, 10 invoices, oldest 369 days, $53,696.50, overdue.
- Summit Health Pty Ltd, 6 invoices, oldest 465 days, $26,472.00, overdue.
Demo company and data.
What changes on day one.
| Area | Spreadsheets and disconnected tools | Cortex Ledger |
|---|---|---|
| Invoicing | Typed again from quotes and orders | Quote to order to invoice, with approval before it goes out |
| Missed revenue | Found by accident, if at all | Delivered-not-invoiced work found and recovered to cash |
| Collections | A list sorted by amount | A ranked queue with the reason and next step for each customer |
| Purchasing | Bills paid without checking the order | Three-way matched; price differences held for an approver |
| Month-end | Reconciled by hand | Ledger reconciliation and a close workbench |
| Trust in numbers | Figures nobody can trace | Every figure ties back to the ledger |
| Access | Shared logins, no separation | 17 job roles, maker cannot approve, full audit log |
| Answers | Wait for the person who knows | Ask Cortex; it shows its working |
Ready to see your business in a new light?
Book a 30-minute demo and see Cortex Ledger with your own questions.