ElectroNeek Bot Library
Invoice reconciliation
Invoice reconciliation is a vital task in various industries, especially in accounting and finance. Yet depending on your accounting department or the size of the business it may take up to 40+ hours weekly to reconcile a bunch of invoices.
It implies the extraction of all the transaction related documents, comparing the fields and numbers manually and verifying that everything is correct.
Such a time-consuming process definitely needs automation which ElectroNeek would love to bring in.
- Reconciles data in suppliers statements with the data stored in the internal systems
- Reconciles data in bank statements with internat General Ledger system
- Exports the matched items to corporate accounting systems
- Creates notifications by email or in Slack upon reconciliation task is completed
- Reconciles the accuracy of the data stored in Excel spreadsheets with the primary documents’ data
- Creates reports on invoice data reconciliation
MS Excel
MS Outlook
Sage
Salesforce
Slack
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