3 Pillars of Reconciliations and AR Posting 

The AI based Reconciliations and Posting service greatly increases speed and efficiency of reconciling accounts and posting transactions with high levels of financial and process control.  The service is highly relevant to processes on the revenue side such as AR, Cash Management, Treasury and Credit Control with the automated reconciliations step enabling invoices to be closed within minutes of them hitting the bank. There is no need to process remittance documents.  This Kanbina AI service has opened up what has hither to been too expensive for most enterprises, but now simplifies processes, is straightforward to deploy, does not need professional services and generates a high ROI. Choose one, two or all three pillars to address your business requirements.

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Pillar 1 : Bank Reconciliations – AI will reconcile transactions and retain and improve this knowledge so the process is fast, easy and repeatable. People can then focus on reporting rather than tasks.

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Pillar 2 : Allocating and Posting Transactions – this creates the GL transactions from the subledgers, on a daily basis, and posts these when authorised, eliminating manual work

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Pillar 3 : Controls and Business Intelligence – get immediate visibility of the reconciliation positions across all accounts, with alerts. The time series analysis is ground breaking as it identifies breaks in process and accounts 

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