Accountant spends excessive time manually tracing bank transactions to orders and companies during account reconciliations, especially when order records are incomplete and require searching paper files.

Workarounds Described

• Trace every transaction in bank statement manually to find origin
• Search through paper orders when records are missing
• Manually identify fee deductions from transaction amounts

Implied Software Gaps

• Automated transaction matching with bank statements
• Digital document management for paper orders
• Fee detection and allocation automation

ReconAI

ReconAI automatically matches bank transactions to orders and companies using OCR and AI, extracting fee deductions and flagging mismatches. It digitizes paper orders and learns from corrections to improve accuracy, drastically reducing manual reconciliation time.