How does the bill reader work?

It reads every PDF that reaches the mailbox in the last 14 days: vendor, number, dates, amounts, GST and payee bank details. Duplicates are matched, a changed payee account is flagged, and a person approves before anything is scheduled.

When are reminders sent for unpaid invoices?

At 3, 14 and 30 days overdue, or on the ladder you set. Each reminder is one thread per invoice with the PDF attached and the bank details quoted, sent on approval. A bank credit of the amount stops the ladder.

Does it reconcile the bank automatically?

It suggests, with reasons: amount to the cent, inside a 7-day window, a name in the statement line. You confirm. Nothing is marked paid by the agent.

Does it work with Xero?

Yes, read only: invoices, contacts and bank lines come in daily. Nothing is written back to the accounting system.

How much does an AI agent for invoice processing cost to build and run?

Build: a one-off fee for the agreed scope, quoted after a discovery conversation, with most finance desks live in about 14 days. Run: the model fee per bill read is about S$0.01 at list prices plus hosting of S$0 to 60 a month; both are published on the build library.

Finance: every article.

Bills read from the mailbox, invoices chased at 3, 14 and 30 days, bank lines matched, GST, payroll and CPF.

The finance product →All topics

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Dated changes

1 Jan 2026CPF Ordinary Wage ceiling rises to S$8,000
The last step of the 2023 to 2026 increase. CPF is computed on the first S$8,000 of monthly wages; the annual ceiling stays at S$102,000. Payroll engines need the new figure from January pay.
CPF Board

5 articles

Finance

Record Foreign Currency Expenses in Singapore (2026)

Learn how to record foreign currency expenses in Singapore, apply spot rates on invoice dates, and automate multi-currency credit card reconciliation.

17 Oct 2026Read →

Finance

How to Scan Receipts for GST Claims in Singapore (2026)

Learn how to scan receipts for GST claims in Singapore. Reconcile digital tax invoices, match bank debits, and prevent rejected input tax claims.

16 Oct 2026Read →

Finance

Xero Bank Feeds vs Automated Bank Reconciliation (2026)

Compare standard Xero bank feeds with automated bank reconciliation for Singapore SMEs. Evaluate matching logic, currency drift, and when to upgrade.

15 Oct 2026Read →

Finance

How to Automate Bank Reconciliation in Singapore (2026)

Learn how to automate bank reconciliation in Singapore using multi-pass matching rules, foreign currency tolerance controls, and structured review gates.

15 Oct 2026Read →

Finance

Custom Expense Tracking System in Singapore

See how a custom expense tracking system in Singapore fixes reconciliation gaps off-the-shelf apps miss, through a build-to-audit case study from KYN.

18 Sept 2026Read →

Questions buyers ask about finance

How does the bill reader work?: It reads every PDF that reaches the mailbox in the last 14 days: vendor, number, dates, amounts, GST and payee bank details. Duplicates are matched, a changed payee account is flagged, and a person approves before anything is scheduled.
When are reminders sent for unpaid invoices?: At 3, 14 and 30 days overdue, or on the ladder you set. Each reminder is one thread per invoice with the PDF attached and the bank details quoted, sent on approval. A bank credit of the amount stops the ladder.
Does it reconcile the bank automatically?: It suggests, with reasons: amount to the cent, inside a 7-day window, a name in the statement line. You confirm. Nothing is marked paid by the agent.
Does it work with Xero?: Yes, read only: invoices, contacts and bank lines come in daily. Nothing is written back to the accounting system.
How much does an AI agent for invoice processing cost to build and run?: Build: a one-off fee for the agreed scope, quoted after a discovery conversation, with most finance desks live in about 14 days. Run: the model fee per bill read is about S$0.01 at list prices plus hosting of S$0 to 60 a month; both are published on the build library.