Question: Do you know of a platform that integrates with accounting systems and automates compliance for faster book closing?

Trullion is an AI-based accounting software designed to automate and streamline financial processes. It tackles complex accounting tasks like lease accounting, revenue recognition and audits while ensuring regulatory compliance. Trullion connects to CRM, billing and ERP data sources, so it can be used as a flexible system for maintaining reporting accuracy and improving productivity.

Another major alternative is HighRadius, an autonomous finance platform that spans a range of financial activities like Order-to-Cash and Treasury. It includes features like AI-based collections management, electronic invoicing and cash forecasting. HighRadius connects to several ERPs and third-party systems, with the goal of improving working capital and speeding up financial closings.

For those looking to speed up the month-end close process, Booke offers advanced automation and real-time OCR data extraction. Booke connects to Xero, QuickBooks and Zoho Books, offering tools for AI-based categorization, error detection and interactive reporting. The company says the platform can save users a lot of time and effort in their month-end close work.