Solution Brief
The Challenge with Traditional Reconciliations
Finance teams face increasing pressure to close the books quickly and accurately. Yet the account reconciliations process remains one of the most time-consuming and error-prone steps in the financial close.
- Traditional reconciliation workflows rely heavily on manual review and static rule-based checks, making it difficult to detect nuanced patterns or emerging anomalies across periods.
- High-risk items, missing documentation, and unusual account behavior can go unnoticed until late in the process — jeopardizing both efficiency and compliance.
The lack of intelligent insights to guide attention leaves finance teams spending too much time on low-risk reconciliations and not enough on exceptions that matter...
