Aico adds Transaction Matching and three more products to its Record-to-Report accounting platform.

Aico has added four new products to its Financial Close and Record-to-Report (R2R) accounting platform. Transaction Matching, Account Monitor, Variance Monitor and Compliance Task Manager are available as of today.

“We are excited to release these new products, which make Aico the most comprehensive software solution in the R2R Accounting and Financial Close area. Transaction Matching and Account Monitor will significantly improve our customer’s efficiency in the Account Reconciliation process. While Variance Monitor functionality will contribute to better decision-making, increased accountability and streamlined reporting. Finally, the Compliance Task Manager will allow Internal Controls teams to enforce and verify compliance across the entire R2R process.”, said Tomas Salonaho, Head of Sales & Marketing at Aico.

Aico continues to provide integration to all ERP systems and advanced integration features to all SAP S/4HANA instances. All new Aico products are part of the Aico platform and seamlessly integrate with existing products like Closing Task Manager, Account Reconciliations, Journal Entries, etc.

“For several years, our one-platform approach has helped Aico to stand out as a unique solution in the financial close & R2R software solution category. However, with these four new products, we can offer unprecedented functionality to all our existing and future customers”, Tomas Salonaho.

About Aico

We help organisations simplify and automate financial close and record-to-report (R2R) accounting processes. The result is less manual work and faster period-end financial reporting with the assurance of compliance and data accuracy.

Our software platform encompasses the entire R2R process – Account Reconciliations, Transaction Matching, Account Monitor, Closing Task Management, Journal Entries, Intercompany Invoicing, Financial Requests, Manual Payments, Variance Monitor and Compliance Task Manager.

Unique real-time integration to multiple ERP technologies and instances increases automation levels and reduces IT system complexity for our customers.

With a network of teams and partners across EMEA, we deliver on our promise to transform R2R Accounting Processes for multi-national enterprises and mid-sized organisations.