No payment goes out before it's reconciled.
Every invoice is matched against the order, the delivery note and the pooled-order price before any money moves. Cards enforce limits by project and supplier on their own. Cash is forecast from the works schedule. And money only ever moves between the company, its bank and the payee.
What the CFO sees
The budget for every project: plan, actuals, commitments, remaining.
Duplicate payments and altered bank details, caught before payment.
The supplier invoice next to the pooled-order price.
Cash weeks ahead, based on the works schedule rather than last month.
Bank terms side by side, with the numbers you need to negotiate.
Savings with a calculation you can check
Magic measures impact on two separate bases: purchase price and spend discipline. Every figure is backed by the company's own invoices and comes out the same when recalculated.
Questions
Does money pass through Magic?
No. Magic sees invoices, limits and budgets. Payments go through the company's bank.
Which accounting systems does the module work with?
The module is designed to connect to major ERP systems and Israeli accounting systems. The list of systems with a confirmed connection is on the Integrations page.
Let's reconcile your invoices in a pilot
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