Every transaction.
Tagged at source.
The substrate everything else reads from. Every bank transaction auto-tagged the moment it lands — by source, category, entity — across every bank you hold. Recon, AR/AP, compliance, treasury are emergent layers on top.
The raw stream becomes a substrate.
Every bank transaction lands as a row in your statement. Smart Statement looks at the description, the counterparty, the amount, the date, the entity — and 40+ source-specific signals — and assigns the right tag at the moment of landing.
- 01Source-aware tagging. Open recognises Stripe, Shopify, Zomato, AWS, Razorpay, Meta — and 40+ other senders — at the moment a credit or debit lands.
- 02Three-way recon at source. Marketplace gross, deductions, expected net, and bank credit are matched in real time — gaps surface immediately.
- 03Self-improving. Every human correction trains the model — the more your team uses it, the sharper the tags get.
- 04Entity-aware. Multi-subsidiary structures preserved — every tagged row carries its entity, its GSTIN, its cost-centre.
- 05Substrate, not feature. AR/AP, GST, Smart Ledger, treasury — all read from Smart Statement as the single source of truth.
Five emergent layers. One source of truth.
Smart Statement is the foundation. Every other product on Open reads from it. The cleaner the substrate, the sharper everything above it gets.
Three-way recon
PG ↔ marketplace ↔ bank matched continuously. Variance surfaces before month-end — when you can still investigate.
AR · receivables
Inbound credits matched to invoices automatically. Promise-to-pay tracked. DSO trending live, not retrospectively.
AP · payables
Outbound debits matched to vendor invoices. Three-way match with PO and GRN. Audit-ready.
GST · compliance
Every taxable transaction tagged. GSTR-1 / 3B / 9 drafts auto-prepared from the substrate. ITC mismatches caught at source.
Smart Ledger
Tagged statement + ERP + AR/AP + payroll = unified financial position. Real-time, queryable in plain English.
Treasury · forecast
13-week cash forecast learns from your tagged outflow + inflow pattern. Accuracy compounds over time.
Not categorisation.
Comprehension.
Most banking software lets you label a transaction after the fact. Smart Statement understands what the transaction is at the moment it lands — and lets every downstream layer reason about it.
- 01Source-resolved, not rule-matched. We don't pattern-match on "AWS" — we know which AWS organisation, which entity, which monthly invoice.
- 02Counterparty graph. Every vendor, customer, and intermediary is a node. New transactions get tagged against this graph in milliseconds.
- 03Tax-aware. Every taxable transaction lands with its expected GST liability, TDS provision, and ITC eligibility precomputed.
- 04Audit-grade lineage. Every tag carries its reasoning — which signals, with what confidence, who corrected it last.
- 05Plain-English query. "Show me all of last quarter's marketing spend, broken down by channel and entity." Asked once. Answered.
Not a feature.
The operating system.
Every other product on Open reads from Smart Statement. Get it right at source, and every downstream workflow gets it right for free.