Smart accounting automation software for your growing business
In the face of increasing market and customer demands, growing regulatory complexity, and rising internal expectations, accounting and finance are continuously pressured to explore new strategies to cut back-office costs and improve efficiency. With transaction volumes increasing exponentially, however, throwing more resources at the problem is no longer an effective or sustainable solution. And with staff mired in mundane, low-value tasks, engagement is on the decline at a time when focusing on analysis and increasing productivity is more important than ever.
Automate tedious, high-volume, and error-prone tasks, from capturing complex business workflows to chasing customer payments.
Our Accounting Process Automation solution improves the speed, accuracy, and reliability of the reconciliation to adjustment process by automating your routine and high-volume transactional processes. Through configurable, rules-based certification and matching workflows, controlled roles-based access, and automated journal validation, creation, and posting, organizations are able to put an end to mundane tasks and enable teams to apply their valuable skills to larger issues that support strategic business objectives.
Automate routine, high-volume tasks that are prone to human error and consume valuable staff resources.
Standardized reconciliation templates combined with configurable certification and matching rules enable a best practice approach to automate the validation of low-risk accounts.
Controlled roles-based access, coupled with configurable approval and certification workflows, supports strong operational governance and delivers full auditability across your standardized and streamlined finance processes to reduce the risk of control failure and misstatement. And because automated processes are continuously monitored, teams are quickly alerted to any deficiencies and discrepancies, ensuring ongoing regulatory compliance.
Real-time configurable reports and dashboards provide an accurate and complete view into financial data and results, allowing teams to continuously monitor the quality and efficiency of accounting and finance operations.
Cloudfin’s cloud-based solutions transform Finance & Accounting by automating, centralizing, and streamlining financial close operations, intercompany accounting processes, and other key F&A processes for large and midsize organizations wherever they may be.
Move beyond outdated accounting processes and point solutions, and empower your teams to work smarter and more efficiently.