Jan 2, 2026

Smarter invoice routing

Smarter invoice routing

1 min read

by

by

Austin

Austin

Greg

Greg

Folio automatically processes emails sent to your property managers and routes invoices to the correct storefront for each property. We've enhanced the system with intelligent matching that uses multiple data points to ensure accurate routing.

How it works:

When an invoice arrives, Folio analyzes multiple signals to find the right match: property address and name matching identifies properties from invoice text and email content, email data analysis uses sender information and email patterns to route invoices correctly, and we've recently added improved geocoded location matching:

  1. Folio extracts the address from the invoice

  2. Converts it to precise latitude/longitude coordinates

  3. Searches for your properties within a configurable radius using these coordinates

  4. Matches the invoice to the correct property

The system combines these approaches to route invoices accurately even when address formatting varies, names appear in different forms, or sender information changes.

This runs automatically as part of Folio's invoice processing pipeline, leading to even faster invoice processing speeds. The multi-signal approach means more invoices are automatically matched to the right property regardless of formatting differences or data variations, and non-invoice documents are automatically removed. This reduces manual review and ensures complete invoice coverage across your portfolio.

Other updates this week:

No changelog this week for our Holiday Code Freeze. The code was nestled, all snug in its beds, while visions of New Year’s champagne danced in our heads. The holiday freeze is officially over, and we’ll be back to our regular scheduled programming in the next changelog. More to come in 2026!

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Smart, fast purchasing and payments for hospitality where every second and dollar count.

© 2025 Folio Services, Inc

Email us: support@folio.co

3600 North Duke St #1197 Durham, NC 27704

Text us: +1 855 943 4102

Folio Commercial Prepaid Mastercard is issued by Patriot Bank, N.A., Member FDIC, pursuant to a license from Mastercard International and may be used everywhere Mastercard is accepted. Mastercard is a registered trademark of Mastercard International Incorporated. Patriot Bank, N.A., is the Originating Depository Financial Institution for ACH services related to the prepaid accounts.

IMPORTANT INFORMATION FOR OPENING A NEW ACCOUNT: To help the federal government fight the funding of terrorism and money laundering activities, the USA PATRIOT Act requires us to obtain, verify, and record information that identifies each person who opens an Account.

WHAT THIS MEANS FOR YOU: When you open an Account, we will ask for your name, address, date of birth, and your government ID number. We may also ask to see a copy of your driver's license or other documents at any time. All Accounts are opened subject to our ability to verify your identity by requiring acceptable types of identification. We may validate the information you provide us to ensure we have a reasonable belief of your identity. If we are not able to verify your identity to our satisfaction, we will not open your Account or we may close the Account if it was previously funded. Your Account is subject to fraud prevention restrictions at any time, with or without notice.

Smart, fast purchasing and payments for hospitality where every second and dollar count.

© 2025 Folio Services, Inc

Email us: support@folio.co

3600 North Duke St #1197 Durham, NC 27704

Text us: +1 855 943 4102

Folio Commercial Prepaid Mastercard is issued by Patriot Bank, N.A., Member FDIC, pursuant to a license from Mastercard International and may be used everywhere Mastercard is accepted. Mastercard is a registered trademark of Mastercard International Incorporated. Patriot Bank, N.A., is the Originating Depository Financial Institution for ACH services related to the prepaid accounts.

IMPORTANT INFORMATION FOR OPENING A NEW ACCOUNT: To help the federal government fight the funding of terrorism and money laundering activities, the USA PATRIOT Act requires us to obtain, verify, and record information that identifies each person who opens an Account.

WHAT THIS MEANS FOR YOU: When you open an Account, we will ask for your name, address, date of birth, and your government ID number. We may also ask to see a copy of your driver's license or other documents at any time. All Accounts are opened subject to our ability to verify your identity by requiring acceptable types of identification. We may validate the information you provide us to ensure we have a reasonable belief of your identity. If we are not able to verify your identity to our satisfaction, we will not open your Account or we may close the Account if it was previously funded. Your Account is subject to fraud prevention restrictions at any time, with or without notice.