Propel

propel-fs.com

Propel provides a finance-to-operations platform that automates accounts receivable reconciliation and financial operations. The system ingests data from payment processors, banks, and accounting systems, uses AI to verify transactions, and generates audit-ready journal entries that flow directly into existing ERP software. This reduces manual spreadsheet work from over two hours daily to roughly a 20-minute review, enabling daily closes and real-time cash visibility.

Traction –/10

HQ unknown

Financial Technology
Enterprise Software
Software Only
Artificial Intelligence

Updated yesterday

Funding

Funding not disclosed

Funding rounds are not available yet.

Founders

Founder details are not available yet.

Product

Problem

Most companies spend hours collecting data from different systems, cleaning spreadsheets, and reconciling reports. This manual process delays access to accurate financial data, forcing decisions based on last month's numbers and slowing month-end closes.

Solution

Propel is an accounts receivable FinOps and reconciliation engine that connects payment processors, banks, and accounting systems in one place. The platform ingests data from these sources, automatically matches orders, payments, settlements, and bank lines, and uses AI to verify transactions. Clean, audit-ready journal entries flow directly into the user's accounting system or ERP, eliminating re-keying and ensuring every match is traceable. This gives operators real-time visibility into cash position and KPIs, finance teams a daily close instead of a monthly grind, and accountants a faster close with an airtight audit trail.

Target Audience

Propel is built for the whole finance-to-operations team, including operators who need daily financial visibility, finance professionals who want to eliminate manual reconciliation, and accountants who require clean, audit-ready books.

Features

Automated matching of orders, payments, settlements, and bank lines, reducing manual reconciliation from 2+ hours a day to a ~20-minute review
AI-verified transactions that flow as tidy journal entries directly into existing accounting systems or ERP
Real-time cash position and KPI tracking, updated daily rather than at month-end
Single platform serving operators, finance teams, and accountants with role-specific views
Traceable matches for every transaction, supporting a faster close and a strong audit trail