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Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Description

Aurum Solutions offers a cloud-based, automated financial reconciliation platform aimed at optimizing reconciliation workflows, allowing finance teams to effortlessly match numerous transactions within seconds each day. This system integrates data from various sources, including ERPs, banks, payment service providers, and accounting platforms, through hundreds of readily available connections, effectively removing the need for manual matching and reducing reliance on error-prone macros. Users can create tailored matching rules, schedule reconciliations to occur automatically at any time, and handle exceptions while maintaining comprehensive audit trails that document every action for compliance and reporting purposes. The platform also features visual dashboards and customizable reports that provide finance leaders with immediate, clear insights into cash positions, discrepancies, and overall performance metrics. Furthermore, it accommodates multi-currency transactions and caters to specific industry needs, such as bank, PSP, client money, and journal entry reconciliations, while seamlessly connecting various data sources through APIs or SFTP. As a result, finance teams can significantly decrease the time spent on data preparation, allowing them to focus on more strategic activities. This comprehensive approach to financial reconciliation not only enhances efficiency but also contributes to more informed decision-making across organizations.

Description

LedgerSight is an innovative application that leverages AI to enhance finance operations for teams working in regulated or control-sensitive environments. By integrating financial and operational data, it facilitates crucial processes such as reconciling bank statements and accounts receivable, reviewing accounts payable exceptions, prioritizing collections, allocating cash, performing financial-close checks, and analyzing recurring exceptions. This software excels at matching transactions, identifying discrepancies, and suggesting actionable next steps, all while providing relevant context for each case. Reviewers can evaluate the proposed recommendations against established policies and approval limits, allowing for either approval or override of suggestions. Additionally, LedgerSight meticulously records all relevant source context, recommendations, policy parameters, decisions made, and subsequent actions taken through its CloudSeals Evidence Fabric. Rather than replacing existing finance systems, it complements them by integrating seamlessly, as it does not autonomously post ledger entries or process payments. This integration ensures that teams can enhance their operational efficiency without disrupting their current workflows.

API Access

Has API Yes 

API Access

Has API No 

Screenshots View All

Screenshots View All

No images available

Integrations

Clickbase BI Yes 
Microsoft Power BI Yes 

Integrations

Clickbase BI No 
Microsoft Power BI No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) Yes 
In Person No 

Types of Training

Training Docs No 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

Aurum

Founded

2004

Country

United Kingdom

Website

aurum.solutions/

Vendor Details

Company Name

CloudSeals

Founded

2019

Country

United Kingdom

Website

cloudseals.com

Product Features

Product Features

Alternatives

Alternatives

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