Kognitos
Xero

Automate Bank Reconciliation and Invoicing in Xero.

Xero keeps your books clean — but matching transactions, chasing invoices, and closing the month still takes hours. Kognitos automates the repetitive accounting work so your team focuses on advisory.

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English as Code

Describe It in English.
It Runs Deterministically.

Overview

Pull unreconciled bank feed transactions from Xero; match against outstanding invoices and bills using fuzzy rules; auto-reconcile clean matches and flag exceptions for the bookkeeper.

Execution Steps

1

Pull Bank Feed Transactions

  • Retrieve unreconciled transactions from the Xero bank feed for all accounts
  • Categorize each transaction by amount, date, and payee reference
2

Match Against Invoices and Bills

  • Compare each transaction against outstanding Xero invoices and bills
  • Apply fuzzy matching on amount (within $0.50) and date (within 3 days)
3

Reconcile or Escalate

  • Auto-reconcile transactions with a confident match and post the reconciliation
  • Flag ambiguous matches and create a review task for the bookkeeper with context
Use Cases

Enterprise
Use Cases

Bank Feed Reconciliation

Automatically match Xero bank feed transactions to invoices and bills — reconcile hundreds of transactions in minutes instead of hours.

Invoice Chasing

Identify overdue Xero invoices and send escalating payment reminders to customers based on aging tier and relationship rules.

Month-End Close Automation

Run Xero month-end procedures automatically: post accruals, reconcile accounts, generate the trial balance, and notify the accountant.

FAQs

Frequently asked
questions.

Kognitos is a leading US-based artificial intelligence platform designed to transform how businesses operate by automating repetitive tasks and enhancing efficiency. Our AI automation platform allows users to automate complex business processes simply by communicating their goals in plain English. Leveraging advanced technologies like a proprietary LLM-based interpreter, Intelligent Document Processing (IDP), Optical Character Recognition (OCR), and Natural Language Processing (NLP), Kognitos enhances productivity, speed, and accuracy. Unlike traditional automation solutions that require complex coding, Kognitos offers unparalleled adaptability and scalability, empowering businesses to streamline workflows and eliminate manual tasks without extensive technical knowledge.

Process automation refers to the use of technology to automate repetitive, manual tasks within a business or organization. The goal is to streamline and optimize workflows, increase efficiency, reduce errors, and save time and resources. This can be achieved through the implementation of various technologies, such as RPA, Workflow Automation, Machine Learning and Artificial Intelligence.

Security is a core principle of Kognitos' architecture, built on state-of-the-art cloud services with strong security foundations. Critical business processes run on the Kognitos platform, and we prioritize the security of both the processes and their data. Kognitos employs serverless, cloud-based services with the principle of least privilege access. For example, a service without a need to access a database does not have access to it. Kognitos has achieved the SOC 2 Type II certification for our best-in-class security controls and compliance with the AICPA's Trust Services Criteria. Learn more

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