Balance Sheet Reconciliation
Employee Advances Reconciliation
Automate clearing of employee advances by matching deductions, review exceptions, and post journals.
Balance Sheet Reconciliation
Automate clearing of employee advances by matching deductions, review exceptions, and post journals.
Connect to underlying record systems like ERP, banks, and SFTP sources.
Separates the open items into debit and credit transactions for matching.
Use AI/Machine Learning to identify and apply matching rules for open item clearing.
Match debit and credit transactions using discovered rules.
Flag and present any exceptions or unmatched items for manual review.
Generate and facilitate the approval of clearing journals for matched transactions.
Post approved clearing journals to the ERP system.
