Question: Is there a solution that can automate cash reconciliation at scale with high accuracy and speed?

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Zamp

If you're looking for a solution to automate cash reconciliation at scale with high accuracy and speed, Zamp is a great option. It has a full suite of cash management tools, including automated reconciliation with Reconciliation, real-time forecasting with Cash Copilot, and a centralized Payments Command Centre for executing global payments. Zamp's platform is highly customizable and has top security with advanced encryption, secure cloud infrastructure and 24/7 monitoring.

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HighRadius

Another good option is HighRadius, an autonomous finance platform that can help you increase productivity across multiple financial processes. Its AI-powered tools include cash application, cash forecasting, treasury payments and account reconciliation. HighRadius can integrate with numerous ERPs, banks and third-party systems, offering a comprehensive solution to improve cash flow and lower Days Sales Outstanding (DSO).

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Osfin

If you're looking for a more focused solution, Osfin is an all-in-one finance and accounting automation platform. It automates reconciliation rapidly and accurately and uses AI-augmented smart invoice processing. Osfin integrates with many tools for real-time visibility into cash flows and payouts, making it a good option for financial services companies that want to increase efficiency in financial operations.

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Fiskl

Last, Fiskl is an AI-powered multi-currency accounting platform that automates bank transactions and reconciliation, cutting reconciliation work by up to 80%. It supports more than 170 currencies and can integrate with many financial institutions, making it a good option for small businesses and freelancers who want to manage their money effectively.

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