ai Chart of account mapping
AI chart of account mapping standardizes financials effortlessly
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Automated models and data collection
Unstructured charts of accounts cost hours to manually standardize
Companies often have complex accounts that need standardization for accurate, consistent financial reporting.
However, standardizing hundreds of unstructured entries manually is tedious, costly and error-prone.
Identify entry patterns and standardizes chart of accounts with AI
1
AI-Powered Mapping
Categorizes and maps unstructured charts of accounts to standard best practice templates.
2
Standardize at Scale
Handles charts of accounts with hundreds of entries.
3
Standardization Across Entities
Ensures that charts of accounts are consistent across multiple entities or portfolio companies.
4
Real-Time Updates
Automatically adapts as new entries or accounts are added.
5
Error Reduction
Minimizes human error in the mapping process.
6
Reporting and Analysis
Enables standardized financial reporting, to easily consolidate data, create models, and analyze performance.