Overview

Adra Matcher automates transaction matching, enabling a faster and more accurate financial close. It processes raw data directly, eliminating the need for time-consuming data cleanup. Its automated multi-way matching capability allows you to set up and deploy intelligent rules for even the most complex matching scenarios. This sophisticated engine reduces the number of transactions needing investigation by up to 90%, allowing your team to focus on resolving exceptions more efficiently.

Features

• Automated Match Rules: Adra Matcher contains a library of predefined matching rules, such as Same Day-Same Value, that can automatically identify transactions that zero out. You can also add your own matching rules for further control and customization.
• Raw Readability: Adra Matcher reads data in its raw form, eliminating time spent cleaning up the information to be imported from spreadsheets. This helps protect data integrity and prevents information loss during extraction, import, or formatting.
• Suggestive Manual Matching: Adra Matcher uses AI to provide suggested matches to enable faster matching of any exceptions. Adra Matcher’s advanced AI instantly searches and highlights items that do not meet your pre-defined match criteria, while still allowing you to maintain full control by deciding to either match or discard the suggested items.
• Daily Reconciliations: Adra Matcher gives you the ability to perform daily reconciliations to manage high volumes of transactions in a more timely manner. This helps businesses stay more accurate, reducing the risk of write-offs and errors. Daily reports and optional sign-offs ensure appropriate workflows and audit trails are transparent.

Benefits

• Save Time and Effort: Automate matching capabilities to reduce manual effort.
• Reduce Investigation Needs: Sophisticated matching engine reduces transactions needing investigation.
• Improve Accuracy: Daily reconciliations help stay accurate and reduce risk of write-offs.
• Maintain Control: AI-powered suggestions with full user control over matching decisions.
• Protect Data Integrity: Reads data in raw form to eliminate data cleanup.