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Account reconciliation in the automation age


Ashok Aswal

Head, Finance and Accounts


  • The accounting function is a trove of large data volumes and much of the data analysis is done manually on spreadsheets. This leads to operational and oversight errors.
  • Machine learning (ML) helps banking and financial services organizations deliver accurate and high-quality data in their reconciliation process.
  • We examine the complexities of reconciliation and why ML and automation are key to addressing challenges through a reconciliation maturity model..