The Problem: Traditional Accruals Are Time-Consuming and Error-Prone
For many enterprises, closing the books is a high-stakes race against time. Accruals often involve juggling multiple spreadsheets, reconciling thousands of transactions, and dealing with repeated follow-ups—leaving finance teams overworked and prone to costly errors. This manual complexity drains resources that could be better spent on strategic activities like forecasting, analysis, and decision-making.
Meet Angela: The AI Agent Revolutionizing Accruals
Accruals.ai introduces Angela, an intelligent AI agent purpose-built to automate accruals. Instead of endless emails, manual data entry, and reconciling vendor statements, Angela streamlines the process—helping teams cut down on close time, slash errors, and free up staff hours for higher-value work.
Key benefits include:
- Faster Close Cycles: Angela handles repetitive tasks and real-time updates, enabling some teams to close days earlier.
- Automated Communications: Vendor follow-ups and internal notifications happen automatically, reducing the chance of missed details.
- High Accuracy & Compliance: By learning from historical data, Angela continually refines accrual calculations and maintains thorough audit trails.
Real-World Transformations
- Tech Unicorn Reduces Close by Three Days
A fast-growing SaaS firm shaved three full days off its monthly close. Over 60 staff hours were redirected toward analyzing trends and strategic decision-making. - Retailer Automates Hundreds of Emails
A national retailer replaced over 200 vendor email confirmations a month with Angela’s automated system, alleviating back-and-forth communications and minimizing manual errors. - Services Company Processes 5,000+ Monthly POs
A large services firm used Angela to reconcile thousands of POs, saving countless hours of manual verification and drastically reducing human error.
Conclusion: Ready to Transform Your Accrual Process?
Whether you’re a growing SaaS business or a multinational retailer, Accruals.ai and its AI agent Angela can turn your accrual headaches into a competitive advantage. By automating the most tedious parts of closing the books, Angela frees your finance team to focus on what truly matters—shaping the future of your organization.
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