Corporate Finance

CFO Office Automation

Transform corporate finance operations with AI-powered automation for procure-to-pay, cash application, reconciliation, and financial close—accelerating cycles and reducing manual effort.

90-95% touch-free P2P
85-95% cash auto-match
4-5 day close cycle

Procure-to-Pay & Cash Application

Automate exception resolution and cash application with 90-95% touch-free processing—reducing manual effort and accelerating cash flow.

  • P2P exception resolution (PO/invoice/receipt mismatches) with 90-95% touch-free rate
  • Cash application automation (85-95% auto-match rate)
  • Deduction management and root cause analysis
  • Unapplied cash reduction by 80%

Reconciliation & Financial Close

Accelerate financial close with automated reconciliation and workflow orchestration—reducing close cycles from 8-10 days to 4-5 days.

  • Intercompany reconciliation automation (3-5 days to 4-8 hours)
  • Financial close orchestration (8-10 days to 4-5 days)
  • Journal entry automation and variance analysis
  • Close checklist management and audit trail generation

See It In Action

P2P Exception Resolution

Resolve P2P exceptions for batch #2024-03-15 (47 invoices, $284K).
✓ Invoices analyzed: 47 ($284K)

Auto-resolved (42 invoices, 89%):
• Price mismatches: 16/18 resolved
• Quantity variances: 11/12 resolved
• Missing receipts: 9/9 resolved

Manual review (5, 11%, $31K)
Route to AP team

Cash Application & Deductions

Apply cash receipts from lockbox batch (127 payments, $1.8M).
✓ Auto-matched (114, 90%, $1.62M):
• Exact invoice matches: 89 payments
• Partial payments: 18 payments

⚠ Deductions (13, 10%, $178K):
• Valid deductions: $127K (71%)
• Disputed: $51K (29%)

Approve valid deductions

Intercompany Reconciliation

Reconcile intercompany accounts for Q1 2024 (US parent vs 7 subs, $24M).
✓ Entities reconciled: 8
• Total activity: $24.3M
• Reconciling items: $487K

Summary:
• Perfect matches: 3 pairs ($9.2M, 38%)
• Timing differences: 2 pairs ($4.8M, 20%)
• Adjustments required: 3 pairs ($10.3M, 42%)
5 journal entries drafted

Financial Close Orchestration

Orchestrate March 2024 month-end close (target: Day 5, 47 tasks).
Day 3 of 5 status:
• Overall progress: 68% complete
• Tasks completed: 32/47
• In progress: 9 tasks
• Upcoming: 6 tasks

✓ On track for Day 5 close
Current pace: Day 4.2 (vs. Day 5 target)

View detailed checklist

Variance Analysis

Generate variance analysis for March 2024 P&L (Actual vs Budget).
✓ Revenue variance:
• Actual: $8.2M | Budget: $7.8M
• Variance: +$400K (+5.1%) Favorable

⚠ COGS variance:
• Actual: $3.9M | Budget: $3.5M
• Variance: +$400K (+11.4%) Unfavorable

Operating income: +$100K (+7.1%)
4-8 hrs
Intercompany recon
vs. 3-5 days manual
7 subsidiaries reconciled

Ready to Transform Your Finance Operations?

Join leading organizations using SmoothOperator.ai to accelerate close cycles, reduce manual effort, and improve financial accuracy.