When auditors ask why certain accounts broke three months ago, the answer is often scattered across spreadsheets, comments, and emails. Reconstructing the decision trail takes longer than resolving the issue did in the first place. We realised that our reconciliation process did not leave a...

Our team spends a surprising amount of time just matching transactions and clearing differences. By the time reconciliation is done, there is very little energy left for actual analysis or process improvement. We knew this was not the best use of experienced finance staff, but we struggled to...

Most of our reconciliation issues are not big numbers. They are small differences that get cleared manually and forgotten. Over time, though, the same types of breaks keep coming back, and nobody really steps back to fix the root cause. It feels like we are constantly treating symptoms instead...

Our finance team has seen a few role changes recently, and every time someone new takes over an account, the same exceptions resurface. The context for why certain mismatches happen tends to live in people’s heads or old email threads. We lost a lot of time re-learning patterns that were...

As more finance teams adopt AI for reconciliation and close processes, it raises an interesting question about regulatory expectations. Today, automation is optional. In the future, regulators might expect stronger controls and traceability that AI-enabled workflows can provide. Some...

Over the last year, it feels like the conversation around AI in finance has shifted. Less about big promises and more about very specific, narrow use cases like reconciliation, document extraction, and close automation. In our circles, people seem to be adopting tools like Collatio Accounts...

Our reconciliations pull data from the ERP, bank feeds, and invoice systems. When something breaks, figuring out where the issue originated feels like detective work across three different tools and a bunch of spreadsheets. We once spent almost a full day tracing a mismatch that turned out to...

We reconcile across bank accounts, clearing accounts, and internal ledgers every month, and it feels like the number of mismatches keeps growing. A lot of the breaks are small timing differences or reference issues, but tracking them down still eats up hours. We had one close cycle where a...

With rising invoice volumes and tighter teams, AP automation is gaining ground. But convincing leadership to switch from semi-manual systems to something smarter isn’t always easy. We’ve been piloting Collatio Accounts Payable, and it’s been helpful in flagging mismatches, streamlining...

We’re getting invoices in every possible format - PDFs, Word docs, even photos of paper invoices. Some are structured, others are all over the place. Matching them to POs and routing for approvals eats up a lot of time, especially when vendor formats vary so much. We’ve been trying out Collatio...

We’ve hit a point where spreadsheet-based reconciliation is slowing us down. Between subledger mismatches, vendor statements, and bank data coming in different formats, it’s easy to miss something or spend hours cross-checking. Last quarter we had to backtrack on a payment that didn’t get...

Invoices came in through email, sometimes as attachments, sometimes embedded, often missing key info. Then the back-and-forth would begin, checking POs, asking vendors for corrections, looping in approvers who’d missed the email. It added friction to what should have been a straightforward...

We used to funnel all vendor invoices into a shared mail folder and then copy them into a spreadsheet that was never quite accurate. Between vendors sending different formats and approvals via email chains, it felt like half my day was chasing people for missing line items or approval replies...