The client is a large-scale retail and e-commerce organization managing thousands of transactions daily across multiple subsidiaries. With operations spanning different time zones and financial regulations, their accounting teams were constantly under pressure to meet month-end deadlines while ensuring accuracy in financial reporting.
The client’s month-end reconciliation process was inefficient, relying on old manual methods and causing delays in operations and compliance issues.
The client’s leadership team sees manual reconciliation as an unsustainable burden, turning financial closing into a stressful, repetitive cycle.
Every month, the finance team finds itself buried in spreadsheets, chasing approvals, and scrambling to fix errors—leaving little time for strategic work.
Traditional reconciliation tools and ERP software often require extensive manual effort, slowing down financial closing cycles.
Recogent changed that by delivering a fully AI-powered solution that automated transaction analysis, predicted mismatches, and provided proactive insights without the need for manual intervention.
Implementing Recogent wasn’t just about automation, it was more about modernizing and reshaping the way reconciliation is done.
The process started with seamless ERP integration, allowing Recogent to ingest financial data without disrupting the client’s ongoing operations.
Next, we trained the AI models on historical transaction data, helping them recognize anomalies and suggest accurate matches.
Once deployed, Recogent automated complex matching workflows, eliminating the need for manual intervention in reconciliation tasks.
To ensure finance teams had full control over the process, we built a custom dashboard providing actionable insights into transactions, discrepancies, and approvals.
Finally, interactive training sessions helped the accounting team transition smoothly, enabling them to rely on AI for smarter, faster reconciliation.
The client’s finance team had experimented with multiple reconciliation methods before partnering with Growexx, but nothing matched the efficiency and intelligence of Recogent.
Here’s what they had to say about making Recogent their top choice:
“What stood out was how effortlessly Recogent fit into our existing system. We didn’t have to change our processes—it simply worked.” — Finance Director
“The AI-driven insights were a game-changer. Instead of chasing down errors, we now get instant recommendations on how to resolve discrepancies.” — Senior Accountant
“Closing our books used to be a manual nightmare. Now, with Recogent, we’ve cut our reconciliation time by 80%, and our team can finally focus on strategy instead of spreadsheets.” — CFO
The client went from spending weeks on reconciliation to getting it done in days, with fewer errors and a stress-free close.
Here’s how Recogent improved its overall reconciliation process
