Intercompany Reconciliation

Automate intercompany AR/AP matching, map entity relationships, and post journal entries to ERP.

Key Capabilities

Connects to underlying record systems like ERP, banks, and SFTP sources.

Identify intercompany trading entities using historical data and set up relationships.

Employ machine learning to analyze and configure entity relationships effectively.

Sync AR and AP transactions across systems for real-time reconciliation.

Advanced algorithm to discover transaction matching rules.

Match transactions using defined rules to ensure accuracy and reduce manual errors.

Automate the journal preparation for unmatched intercompany transactions.

Automate journal posting to the ERP after approval.