Overview
Bank Reconciliation & Financial Close Challenge
Bank reconciliation is a manual, time-consuming, and error-prone finance process in many enterprises, driven by fragmented bank statement formats, multiple ERP systems, and spreadsheet-based workflows. As transaction volumes increase, finance teams struggle with delayed close cycles, limited visibility into reconciliation status, complex exception handling, and high dependency on manual investigation, resulting in increased operational cost and audit risk.
Our Solution: AI-Powered Bank Statement Reconciliation on AWS
AI-Powered Bank Statement Reconciliation on AWS is a cloud-native, agent-based solution built entirely on AWS that automates and modernizes reconciliation using intelligent matching, AI-driven reasoning, and conversational Ask AI capabilities. Powered by Amazon EKS and Amazon Bedrock, the solution ingests and normalizes financial data, performs continuous reconciliation, explains discrepancies in a transparent manner, and enables finance teams to query reconciliation status and audit evidence securely and at scale.
**Key Benefits & Business Outcomes **
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Reduces manual reconciliation effort through intelligent, AI-driven automation
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Accelerates month-end and period close with continuous reconciliation workflows
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Provides explainable discrepancy analysis with full audit traceability
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Delivers real-time visibility into reconciliation status and exceptions
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Ensures secure, scalable, and compliant finance operations using AWS-native services
Ideal Users / Organizations
This solution is ideal for enterprises, banks, financial services firms, and shared service centers seeking to automate high-volume bank reconciliation, improve financial close efficiency, reduce operational and compliance risk, and adopt a scalable, audit-ready reconciliation platform built on AWS-native AI and cloud services.
Highlights
- Intelligent, AI-driven reconciliation with clear, explainable insights into matches and discrepancies
- Cloud-native, agent-based automation that continuously reconciles transactions and scales seamlessly on AWS
- Built-in audit readiness with full traceability, secure data handling, and compliance-friendly reporting
Details
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Pricing
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Website :- https://www.akira.ai/
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Email - riya@xenonstack.com , navdeep@xenonstack.com , business@xenonstack.com