SOLUTIONS
xFinance - reconciliation and VAT automation
xFinance handles the parts of finance that take forever: matching payments to orders, preparing VAT returns, and building audit trails. Humans approve — the system does the grunt work.
What it does
- Pulls data from accounting systems, banks, and payment providers
- Matches transactions and flags exceptions
- Computes VAT, generates review screens, exports filings
- Creates audit trails: every number is traceable
- Exports to Excel, PDF, or posts back to your accounting system
How it works
- Rules handle the obvious cases; suggestions for the rest
- Approval workflows and separation of duties
- Catches duplicates, outliers, and missing documents
- Links invoices and receipts to each transaction
- Shows you why each line was classified
- Access logs and retention policies for audits
Automation
- Matches invoices, payments, and bank lines automatically
- Spots duplicates and anomalies across periods
- Shows evidence behind each classification
- Answer questions like "why is Box 7 different this quarter?"
Controls & governance
- Segregation of duties, approvals, and immutable audit logs
- Policy configuration with versioning and safe rollout
- Retention rules and export logs for audit readiness
- Integrations via APIs/webhooks plus test-driven import/export contracts
Pricing
Typically per-transaction or revenue share. You pay when it works. We handle setup and support.