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


How AI-Powered Anomalies Detection Helps in Faster and Accurate Reconciliation Process

Transform Reconciliations from a Reactive to a Proactive process

  • Display differences between GL account and SL account throughout the month rather than just on reconciliation due date
  • Address mismatches between GL and SL prior to book closure leaving minimal number of open items

Quicker resolution of open items with clearly defined actions and timelines

  • Mandates the reconciler to update reasons, actions and timelines for open items
  • Open items are updated with action owner and timelines leading to faster reconciliations