AI for finance teams: reconciliation, spend anomalies and cash flow forecasts
AI reconciles bank statements with your ERP, flags unusual spend, forecasts cash flow and answers the CFO’s questions straight from your data. Accountants review exceptions instead of every line.
What hurts
Accountants match bank statements against the ERP by hand every day. Payments with vague references have to be traced invoice by invoice. Month end close takes weeks instead of days.
Duplicate payments, inflated supplier invoices and unapproved discounts are found late or not at all. Nobody can check every expense manually. Losses only show up at quarter end.
The owner asks how much cash there will be next month and who still owes money. The finance lead spends half a day pulling the answer from several spreadsheets. Purchasing and credit decisions are made without current numbers.
What we build
- Automatic bank reconciliation with your ERP, POS and payment providers
- Payment reference recognition and matching to counterparties and invoices
- Spend anomaly detection: duplicates, inflated amounts, new vendors, unusual discounts
- Cash flow forecast based on history, open invoices and the payment schedule
- Receivables control with reminders to account owners
- A CFO assistant: questions in plain language, answers with numbers from your data
- A morning report to the owner in Teams or Telegram: balances, inflows, risks
What you get
- A working integration with your ERP and banks in production
- Reconciliation and anomaly rules you can tune yourself
- A finance dashboard with the cash flow forecast
- A test set of transactions that checks reconciliation after changes
- Documentation, access handover and training for the finance team
How we measure the result
- Days to close the month
- Share of bank transactions matched automatically
- Number of flagged anomalies and how many were confirmed
- Gap between forecast and actual cash balances
Systems and stack
Industries
Questions
How much does AI for finance cost?
From $7,000. The price depends on the number of banks and legal entities, your ERP and whether you need the cash flow forecast. We give a fixed estimate 2-3 days after discovery. If we overrun through our fault, we finish at our own cost.
Can the AI make payments on its own?
No, and we advise against it. The AI prepares reconciliations, flags anomalies and suggests postings. An accountant approves every posting and payment. Every system action is logged, so auditors can see who changed what.
How is financial data protected?
We work under ISO/IEC 27001:2022 and sign an NDA and a GDPR DPA before access. Bank access is read only. For sensitive data we can deploy on a dedicated server, and the language model runs on our own servers without third-party APIs.
Which systems does it work with?
SAP Business One, Odoo, Microsoft Dynamics and other ERPs with an API, plus open banking APIs and PSD2 providers in Poland and the EU. If a bank has no API, we import statement files on a schedule.
How long does it take?
From 5 to 8 weeks. We start with reconciliation for one entity and one bank. Then we add the remaining accounts, anomaly detection and the forecast.
What happens after launch?
Under an SLA we monitor the integrations, update rules when your ERP or banks change and retrain the forecast. The reconciliation rules and code remain yours.
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