Check balances and line items and auto reconcile accounts with one-click automation.
Standardise, automate and track your reconciliation process in line with corporate policies.
Reconciliation templates
Approval workflows
Automatic reconciliation rules
Prior period data
Dashboards
Standardise, automate and track your reconciliation process in line with corporate policies.
Reconciliation templates
Approval workflows
Automatic reconciliation rules
Prior period data
Dashboards
Reconciliation templates
Start reconciliations with simple yet highly configurable templates, which include your choice of header fields and accounting segments. Include instructions for reconcilers on the template, or add hyperlinks to external documents.
Approval workflows
Setting up a multi-phase reconciliation workflow is quick and easy. Select users who are responsible for the preparation and approvals of reconciliations from a list. Add an associated due date tracking to make sure reconciliations are completed on time.
Automatic reconciliation rules
Analyse your account balances and transactions with a click of a button and complete reconciliations automatically based on various account balance rules.
Prior period data
Carry forward open items or reconcile items and their supporting explanations from a prior period. Aico will automatically recognise line items from a prior period so that you can concentrate on new items only.
Dashboards
Monitor the workflow status, due dates, unreconciled accounts and balances, aged items, and other bottlenecks in real time. Filter reconciliations by any field to prioritise your tasks.
Watch a short demo of Account Reconciliations
Our subscription plans
Professional
Ideal for mid-size companies with several accounting teams involved in the close process.
Get up and running within 4 weeks.
Enterprise
For large multinational organisations with high transactional volumes.
Custom build, testing and implementation project.
Live integration to your ERP
The API-powered integration allows Aico to communicate with your ERP in real time. Pull account data directly from your ERP system without a need for exporting files. The account data is refreshed automatically based on a specific frequency, or you can refresh the data in real-time from your ERP.
Connect Aico Closing Task Manager
With Closing Task Manager read the status of reconciliation documents. When all reconciliation documents are completed, the closing task can be completed either manually or automatically by Aico.
