Match thousands of transactions from any data source automatically with a click of a button.

Every month, our accountants confront thousands of unmatched transactions originating from diverse sources such as Excel, bank statements, ERP systems and more. Although the majority of these transactions match, the absence of a dedicated automation tool leaves no alternative but a large manual effort to achieve reconciliation. Moreover, our teams encounter the challenge of meticulously cross-referencing balances and line items when transactions lack clarity. All of this slows down our month-end close process. 

Features

• Matching Templates: Start matching with simple yet highly configurable templates, which include your choice of header fields and accounting segments.
• **Data Sources: **Choose transactions from multiple sources including different file formats as well as data directly from your ERP systems.
• **Matching Rules: **Configure multiple matching rules including one-to-one, one-to-many and many-to-many with different degrees of confidence which can set transactions as either automatically matched or proposed matches.
• **Matching Results: **Review your proposed matches and work with your unmatched results. Proposed matches can then either be accepted or rejected and unmatched items can be remediated.
• **Remediation: **Use the match results as reconciling items in an Aico Account Reconciliation or create an Aico Journal Entry. Additionally, you can send matched items directly to your ERP from Aico for clearing.