Proof of Cash Software
Cash doesn't lie. Shepi ties every dollar in the GL back to the bank — period by period, 100% of transactions, exceptions flagged — so commingled owner spend, unrecorded liabilities, and missing deposits surface before they kill the deal.
100%
Of bank activity matched to GL
Minutes
Per period, after upload
$1,000
Per project, flat
What Proof of Cash Is
Proof of cash is the diligence test that asks a simple question: does the money that hit the bank match what the books say happened? Tie out the GL against the bank statements period by period and the answer tells you whether reported revenue is real, whether owner spend is sitting in operating expenses, and whether there are liabilities the seller never recorded.
For a deeper walk-through of the methodology — bank reconciliation review, common discrepancies, commingled expenses — see the proof of cash analysis guide. This page is about how shepi automates it.
What Shepi's Proof of Cash Automates
Bank statement ingestion
PDF and CSV statements from every operating account, normalized into a single transaction stream
GL-to-bank matching
Every deposit and disbursement matched against GL activity across the full diligence window
Exception flagging
Unmatched deposits, unsupported disbursements, transfers between accounts, and round-dollar patterns surfaced for review
Period-by-period schedule
A ready-to-export proof of cash workbook tab and PDF slide that ties to the EBITDA bridge and working capital schedule
Proof of Cash Software vs Manual Excel
| Dimension | Manual / Excel | Shepi Proof of Cash |
|---|---|---|
| Coverage | Sampling — a few months | 100% of transactions, full diligence window |
| Time per period | Half a day to a day of analyst work | Minutes after statements upload |
| Exception detection | Eyeballing pivot tables | Systematic match + flag against the GL |
| Tie-out to EBITDA | Separate workbook, re-keyed | Same data spine as the EBITDA bridge |
| Deliverable | One-off Excel tab | Workbook tab + PDF slide + audit trail |
| Revisions | Re-do the pivot | Re-run after the GL or statements update |
When You Need a Proof of Cash
Search-fund and SBA deals
Lenders and QoE providers expect a proof of cash schedule before close — it's the most direct validation of reported revenue
PE add-on screening
Run proof of cash on a target before committing diligence dollars; cash-vs-GL gaps are the cheapest reason to walk
Sell-side prep
Tie the books to the bank before going to market, so the buyer's diligence doesn't surface surprises that re-trade the deal
How Shepi's Proof of Cash Works
Upload bank statements and GL
Connect your accounting integration for the GL, drop in PDF or CSV bank statements for each operating account
Automatic matching
Every deposit and disbursement matched to GL entries; transfers between owned accounts collapsed so they don't double-count
Review the exception list
Unmatched items, unsupported disbursements, and pattern flags surface in a single review queue with drill-through to source
Export the schedule
Proof of cash workbook tab and PDF slide export alongside the rest of the diligence deliverables — same source data, no re-keying
Pricing
Proof of cash is included in every shepi project — flat $1,000 per deal, no add-ons for the schedule or the PDF slide. See the full pricing page for what's included.