Automation for finance and accounting
Reconciliations, balancing and invoice entry that today come down to comparing screens. We automate the mechanical part so your team only deals with the differences.
Sound familiar?
- Reconciling the bank against the ERP means comparing line by line across two screens.
- Most lines match on their own, but every one of them still has to be checked.
- Invoices arrive as PDFs and someone keys them into the system by hand.
- The work piles up at month-end close, right when time is shortest.
What we can automate
Bank reconciliations
Downloads transactions from banks and portals, matches them against the ERP using your rules, and lists what doesn't reconcile, with the cause.
Ledger balancing
Compares balances and transactions across ledgers and systems, with differences set aside for review.
Invoice entry and validation
Reads the invoice, validates it against master data and supporting documents, and enters it in the ERP.
From input to outcome, with no manual steps
Retrieval
Transactions, invoices and balances from banks, portals, email or the ERP.
Reading
Bank statements, PDFs and spreadsheets, in whatever format they arrive.
Matching and rules
Your reconciliation and validation criteria, applied the same way every time.
Exceptions
Whatever doesn't match is isolated with its cause.
Posting and reporting
Results in the system and a report for the period.
Systems we integrate with
We work on top of the systems your company already uses. When no integration is available, we operate the system the way a user would or generate files for import. How we integrate with SAP.
Benefits for your operation
- Reconciliation stops being a month-end task and runs as often as you decide.
- Your team only sees the differences, which is where judgment is needed.
- Fewer keying errors in invoice entry.
- A record of what was reconciled, when and under which rule, for internal audit.
Does your close depend on manual reconciliations?
Tell us how the process works today and we'll tell you whether it can be automated and where to start.
Or email us at [email protected]