Automate Your Financial Reconciliation
Account Reconciliations Management with Automated Workflow
Ability to create account reconciliation project plans to assign specific General Ledger (GL) accounts to R2R Analysts or user groups for enhanced reconciliation tasks completion
AI-Powered Anomalies Detection to perform Proactive Reconciliations
Predicts a list of potential anomalies that helps in addressing open items proactively rather than waiting until month-end for reconciliations
GL Account Specific Reconciliation Templates for Faster Reconciliation
Allow users to leverage standard reconciliation templates (or create their own templates) to accelerate the reconciliation process
Matching Criteria to Auto Reconcile Data Sets
Provide a set of existing matching rules or algorithms to reconcile any 2 sets of data (GL and Subledger (SL) or GL and Bank statement)
Collaborative Workspace for Review and Approval
Allow reconcilers to share their work papers for each reconciliation for review and approval to the Reviewer. Allow users to provide inputs to complete the reconciliation
Real-Time Visibility of Tasks Progress to all Stakeholders
Provide visibility to all stakeholders across the organization on the status of reconciliation, dependencies, delays, and any action that needs to be taken
