Manually mapping GL accounts to your financial statements in BrightAnalytics can take a lot of time and effort. To solve this, our AI mapping tool offers automatic suggestions that significantly cut down on manual work, leaving you to simply review and approve the results. Plus, our AI model automatically retrains itself over time, meaning it constantly learns from your previous actions to deliver even smarter, more accurate suggestions.

For companies dealing with intercompany transactions, controllers and CFOs know exactly how time-consuming the matching process can be. Linking sales invoices to purchase invoices or matching loans with receivables across different entities is often complex and usually requires manual fixes.

We’re using AI to automate the bulk of this matching process, drastically cutting down the hours spent on manual reconciliation. By analyzing a wide range of details like descriptions and currencies, our AI model finds the best matches and automatically resolves discrepancies, making your entire workflow much simpler and more efficient.

This development is a major step forward for financial reporting, designed specifically to optimize your monthly closing process. Our AI controller helps you spot discrepancies in financial data faster by comparing current reports with previous periods. The AI flags irregularities and performs checks in advance, allowing you to take immediate action when necessary.

For example, our customer Cortes discovered a hidden water leak after BrightAnalytics flagged an unusual spike in utility costs compared to previous months. These are exactly the kinds of valuable insights our AI controller is built to uncover. Moving forward, we plan to expand these capabilities so the tool can handle increasingly complex analysis, making your control and reporting tasks even more efficient.

As part of our upcoming Close Management module , the Drilldown Agent is designed to optimize your month-end closing process. While standard agents are limited to high-level view data , this tool goes a step further by actively investigating unexpected balances down to individual transaction postings. The agent automatically navigates from high-level financial flux straight to your ledger lines, uncovering root causes like missing provisions or data entry errors so you can take immediate action. Plus, as you update statuses and leave comments, the AI continuously learns your unique closing process to deliver increasingly accurate analysis every month.