Financial Close by Kanbina streamlines the financial close process by reconciling accounts, automating transactions in the ledgers such as customer payments, journals and transfers to accelerate the preparation of the trial balances and close. Kanbina uses artificial intelligence to automate processes and decisions
Automation of account reconciliations; match transactions, create journals and customer payments; substantiate records for review and audit
Automatic creation of user tasks; allocate responsibilities and approvals, track the status of financial close
Reporting and analytics
Providing insights and reporting from a digital model of financial close created by Kanbina. Power BI for metrics, analysis and drill downs
Kanbina operates at the data level, integrates into existing close processes to add super high levels of automation.