AI Products & Platforms

AI Bank Reconciliation for Accountants

Using AI to match bank transactions to accounting records

AI that does the matching work of a bank reconciliation, so accountants only review what needs a human eye.

The problem

Reconciling bank statements against accounting records is repetitive, line-by-line work that eats into accountants' time.

The approach

An AI-assisted system that matches bank transactions to the corresponding accounting records for accountants.

The outcome

Faster reconciliations with fewer manual checks.

In detail

Built an AI-assisted bank reconciliation system for accountants that matches bank transactions against the accounting records, so reconciliations that are usually done line by line can be completed faster and with fewer manual checks.

Built with

• FinTech
• AI Automation
• Accounting
• Reconciliation

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By Kanishka Ranaweera, PhD, Machine Learning Engineer in Melbourne, Victoria, Australia. hello@kanishkabuilt.me