Ledger Reconciliation Software: AR & AP Reconciliation Made Simple
Touchless platform to auto-collect & Reconcile Party Ledger
Maintain Profit
Save Time
Having difference in balance with Customers and Vendors are normal. But non timely reconciliation can reduce your net profits by up to 10%. Long collection cycle, Bad Debts, Duplicate Payments, Tax penalties, etc. are few of the top reasons.
Firmway’s touchless reconciliation platform not only seamlessly reconciles ledger but also collects ledgers from parties, and gets a sign-off on reconciliation. Its advanced AI enabled logics can auto reconcile ledgers from any accounting softwares.
Ledger reconciliation couldn’t have been simpler than now!
Reconcile your Ledger in 60 Seconds
- AI based algorithms to get upto 90% Matches
- Onscreen customization of logics
- Works flawlessly with unstructured data like incorrect Invoice No, TDS Difference, Date Difference, Amount Difference, etc/
- Can reconcile with other supporting data like GRN, EPMS etc
- Accepts formats like excel, csv, pdf
- Can reconcile ledgers from any accounting software
- Can reconcile multiple vendor code at once
- Handle voluminous data with ease
Doubles Ledger Collection
- Send ledger request on a click
- Auto follow up process with non-responders
- Sends SMS to people not active on Email IDs
- Mark Confirmation to business team
- Auto Escalation in case of no-response received
- Collect response in just 3 clicks
Doubles Ledger Collection
- Send ledger request on a click
- Auto follow up process with non-responders
- Sends SMS to people not active on Email IDs
- Mark Confirmation to business team
- Auto Escalation in case of no-response received
- Collect response in just 3 clicks
Touchless
- Integrates with all the ERP
- Runs on Auto Pilot
- Ledger Collection can be scheduled on periodic basis
- On screen reconciliation
- Action tracker for allocating exceptions
- Collects Party sign off through auto follow ups
Get insights in your business
- Provides insights like DN/CN not booked, tax differences, write backs, duplicate payments etc.
- Highlights notorious party early to reduce bad debts
- Confirmed balances helps plan cash flow better
Get insights in your business
- Provides insights like DN/CN not booked, tax differences, write backs, duplicate payments etc.
- Highlights notorious party early to reduce bad debts
- Confirmed balances helps plan cash flow better
Numbers Speak for Ledger Reconciliation
Numbers Speak for Ledger Reconciliation
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Number of Entries Reconciled
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