Reconcile bank transactions & detect unmatched flows
Match banking flows with accounting data in seconds, no more manual checks.
Finance teams struggle with transaction reconciliation because data is scattered across banking tools, POS systems, and ERPs and rarely aligned.
Phacet automates bank reconciliation using AI skills like cleansing, normalization, and smart matching, enabling 92% time savings and faster month-end close.
When to use this Phacet ?
Perfect for accounting and finance teams who want to:
• Eliminate manual matching of bank statements with ERP and POS data
• Accelerate month-end closing cycles
• Reduce errors and detect discrepancies early
AI skills involved
Normalize messy inputs across formats (dates, names, currencies, decimals…). Phacet helps enforce consistent formatting before any export or integration with your systems.
Automatically match rows across files, systems or formats: invoices vs. payments, contracts vs. invoices, bank lines vs. accounting entries. Phacet supports fuzzy logic, partial matches and multi-criteria rules.
Automatically detect inconsistencies, missing links, or outliers across your data. Phacet spots suspicious values (e.g. duplicate invoices, wrong amounts, unexpected suppliers) without predefined rules.
Review, correct and approve Phacet results manually and improve its intelligence over time. Users can intervene on any field or classification suggested by the AI. Every correction is stored as an example to refine Phacet’s behavior on similar documents and workflows.
→ Ideal for continuous learning loops and maintaining full control in production.
Business impact
92% time saved
On reconciliation tasks
89% fewer human errors
During transaction matching
89% fewer human errors
In just 5 days with full control over AI suggestion
Integrated with everything
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“We cut 90% of the time spent reconciling marketplace transactions and incoming bank transfers from partners. Now the team just reviews the exceptions — the rest is matched automatically.”
Steps to get Started
Connect your data
Link your ERP, POS, and banking tools - or simply upload statements and files manually.
Clean & Normalize
Phacet automatically extracts and standardizes transactions from all sources.
Match & Reconcile
AI matches banking flows with accounting and POS data, highlighting discrepancies in real time.
Review & Improve
Validate or adjust unmatched items in one click. Each validation trains your AI for smarter, faster reconciliation.
Unlock your AI potential
Do more with your existing resources using tailored AI solutions.
