Question: Can you suggest a solution that offers real-time reconciliation and AI-powered exception handling for financial transactions?

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Modern Treasury

For real-time reconciliation and AI-powered exception handling for financial transactions, Modern Treasury is a good example of a comprehensive solution. It aggregates multiple payment rails, offers real-time reconciliation, automated exception handling and a machine learning system that learns over time. The platform connects to more than 40 banks and supports RTP and FedNow, so it's a good option for modernizing payment infrastructure.

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HighRadius

Another good example is HighRadius, an autonomous finance platform that automates many financial tasks. It uses AI to boost productivity in Order-to-Cash, Treasury, Record-to-Report and Accounts Payable. HighRadius features include AI-based collections management, cash application management, account reconciliation and anomaly management that can help improve cash flow and boost productivity.

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Trullion

For AI-powered accounting software, Trullion is a good option that automates and simplifies financial work. It offers features like lease accounting, revenue recognition and data reconciliation that makes accountants' lives easier. Trullion supports multiple roles and integrates with a variety of data sources so accountants can ensure compliance and accuracy in financial transactions.

Additional AI Projects

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Flagright

Utilize AI-powered risk detection and real-time transaction monitoring to identify and prevent financial crime, ensuring compliant and secure transactions.

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Nasdaq Verafin

Combines machine learning and consortium analytics to detect unusual payment patterns, strengthen security, and improve efficiency in financial crime management.

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COUNT

Automate financial tasks, track expenses and income in real-time, and generate instant reports to make better business decisions with AI-powered accounting tools.

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Ocrolus

Converts unstructured financial documents into actionable data with industry-leading accuracy, enabling faster and more accurate decision-making.

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Billtrust

Automates and integrates the entire order-to-cash process, minimizing friction and providing a seamless experience for finance teams through AI-infused AR solutions.

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Ramp

Automates expense management, travel, and accounting processes, providing real-time visibility and AI-powered workflows to prevent errors and overspending.

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ACI Worldwide

Secure, scalable, and efficient digital payment processing with real-time fraud management powered by patented AI models, enabling omni-commerce and risk reduction.

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Coupa

Combines total spend management with community-generated AI and data to help businesses run efficiently, collaborate better, and grow faster.

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PennyFlo

Forecast cash flow with AI-driven scenario planning, track financials, and automate payments to make informed decisions and optimize cash management.

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Tesorio

Automates cash flow management with AI-driven invoice generation, supplier portal management, and collector tools, reducing manual work and improving forecasting.

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Digits

Automates accounting tasks, providing rapid monthly close, instant reports, and live financial insights, enabling businesses to make more informed decisions.

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Stampli

Consolidates all AP-related communication, documentation, and workflows into one place, automating manual work and increasing efficiency, visibility, and control.

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Tradeshift

Automates source-to-pay processes, connecting businesses globally, and providing real-time tax calculation, receivables financing, and virtual corporate credit card solutions.

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Glean.ai

Automates and analyzes accounts payable processes, providing intelligent insights and visibility into spending patterns for better financial decision-making.

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Vic.ai

Automates invoice processing, PO matching, and approval flows with high accuracy, reducing processing times and minimizing errors, while providing real-time data insights.

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Esker

Automates repetitive processes, providing better visibility, collaboration, and productivity, while cutting costs and improving customer satisfaction.

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Sage

Automate routine tasks, gain real-time business insights, and make informed decisions with AI-driven finance solutions tailored to your business needs.

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FinFloh

Automates and optimizes accounts receivable processes, accelerating collection, and cash application, while providing data-driven insights for better credit decisions and dispute resolution.

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Datarails

Automates financial data consolidation, reporting, and budgeting, freeing finance teams to focus on strategy and business development.

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ArkiFi

Automates finance workflow tasks, eliminating manual errors and freeing professionals to focus on strategic, high-level thinking and innovation.

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Tungsten Automation

Automates tedious processes, delivering insights and improving operational efficiency, performance, and profitability.