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Invoice Reconciliation Automation for CFOs
Automate invoice matching, reduce manual reconciliation effort, and accelerate month-end close with AI-powered invoice reconciliation.
Benefits
- Reduce days sales outstanding (DSO) by 15-20%
- Eliminate 90% of manual reconciliation effort
- Improve cash flow forecasting accuracy
- Reduce audit preparation time by 50%
- Enable real-time visibility into AP/AR positions
Use Cases
- Three-way matching automation (PO, receipt, invoice)
- Multi-entity intercompany reconciliation
- Vendor statement reconciliation at scale
- Accrual automation based on receipt data
- Exception-based workflow for discrepancies
Key Metrics
95%
Auto-match rate
5 days
Faster close cycle
80%
Reduction in manual effort
$500K+
Annual savings
Implementation Highlights
- Connect ERP, procurement, and banking systems
- Configure matching rules and tolerance thresholds
- Set up exception routing and approval workflows
- Deploy real-time reconciliation dashboards