Finance and accounting: the doubts, not the drudgery.
Every company's finance team: reconciliations, payables and receivables, the close. The work is mostly arithmetic with judgement calls in between, which is exactly the shape Sumarity is built for.
Where the time goes
Reconciliations that take days and still leave unexplained lines
Invoices, receipts and deductions matched by hand
A close that depends on who remembers what
Standard workflows for finance
18 workflows · Proven by code: 11 · Cross-checked: 4 · Checked by the outcome: 2 · Vetoed by code: 1
Bank reconciliation
Which ledger entry a bank line is; why a line is unmatched
Card and payment-processor settlement reconciliation
Which sales a payout covers; fee and chargeback lines
Cash application
Which open invoices a receipt pays; short-pays and deductions
AP invoice processing with two- and three-way match
Which PO and receipt an invoice is for; price and quantity differences
Duplicate and erroneous payment check
Whether two payments are the same obligation
Supplier bank-detail change verification
Whether a change request is genuine
Expense claim audit
Whether each claim fits policy; receipt matches the claim
Intercompany reconciliation
Which entries are the two sides of one transaction
Balance sheet account reconciliation and certification
What explains each balance; whether support is enough
Manual journal entry review
Whether an entry is supported, authorised, unusual
Accruals review
Whether an accrual is needed and its size is supported
Prepayments and amortisation
Which invoices are prepaid; the period they cover
Fixed asset additions review
Capital or expense; asset class and life
Variance (flux) analysis
Which movements need explaining; what explains each
Revenue contract review (IFRS 15 / ASC 606)
Performance obligations, variable consideration
Customer deductions and short-pay disputes
Valid deduction (promotion, damage) or not
Collections and dunning
Which accounts to chase and how; dispute or delay
Payroll reconciliation
Which payroll totals tie to GL and bank; why not
Measured, not promised.
Bank reconciliation
What buyers ask
Which process should we start with?
The one with the most items your team checks by hand and a clear way to tell right from wrong: usually a reconciliation or a matching process. Its judgements are proven by code, so most settle without a person.
Do you connect to our systems?
Files in any layout (spreadsheets, CSV, PDF, bank formats), e-mail inboxes and folders, and an API for software. Connectors for particular systems are built as customers need them.
How long does a pilot take?
A few weeks alongside your own process, on your own data, at our cost. It ends in a line-by-line comparison: what it settled, what it sent to people, what it caught, and the time it took.
Bring one finance process. Run it alongside yours.
We design it with your expert, run it in parallel, and show you the comparison.