AI/ML Powered Transaction Matching Software
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Transaction Matching

AI/ML Powered Transaction Matching

Simplify your reconcilation process with accurate matching across data sets powered by our Matching Engine.

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Transaction Matching for Reconciliation Now Made Easy

With configuralble matching rules and a summary of matched and unamatched transactions in a common workspace, you now have a full view into the reconcilation process at all times.

Configurable Matching Rules

  • Configure matching rules to suit your business priorities by using the ML powered Matching Engine
  • Match line-level transactions from two or multiple data sources in a way that suits your business
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Unified View of Matched and Unmatched Items for the team

  • LiveCube, our No Code platform provides a list of matched and unmatched items to accountants
  • Your accuntants can now easiliy do a manual match or propose corrective journal entries to be recorded

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Frequently Asked Questions

Account reconciliation software is a digital tool that automates the process of matching and verifying financial transactions between two sets of records, such as bank statements and company books, to ensure accuracy and identify discrepancies.

What are reconciliation tools?

Reconciliation tools typically include software programs that automate the process of matching and verifying financial transactions, as well as checklists, templates, and spreadsheets to help organize and manage the reconciliation process."

What is ledger reconciliation?

Ledger reconciliation is the process of verifying the accuracy and completeness of transactions recorded in a company's general ledger. It involves comparing the ledger entries ro external records, such as bank statements, to identify discrepancies."

To automate balance sheet reconciliation, you can use specialized automated reconciliation software that matches and verifies transactions between two sets of records, such as bank statements and ledger accounts, automatically. This software can also flag discrepancies.

Yes, software tools for bank account reconciliation match and verify transactions between the company's bank account and its accounting records, thereby automating the whole process.

Account reconciliation software helps automate the process of matching and verifying financial transactions between two sets of records, such as bank statements and company books, to ensure accuracy and identify discrepancies.