# Automate Close, AP/AR & Audit — Live in Hours | Kognitos > Deterministic agentic AI that automates AP, AR, reconciliation, audit, reporting, and tax for finance teams — with neurosymbolic architecture that guarantees hallucination-free results. ## The Problem Your finance team is buried in the tactical. Here's what it's costing you. - **8–12 days** to close the books each month — Leadership operates on stale data while your team scrambles through reconciliations. - **90%** of FP&A time spent pulling data — Your most expensive people pull reports instead of analyzing them. - **1,000+ hrs** consumed by audit prep each quarter — SOX evidence collection assembled manually, every single quarter. Plus: every new entity means another headcount request. Your cash position is already days old. And answering a C-suite question takes a weekend, not minutes. --- ## The Solution Finance teams at EOS Group, TTX, and Green Dot already fixed this. They automated close, AP/AR, and audit on Kognitos — and went live in hours, not months. | Metric | Before | With Kognitos | |--------|--------|---------------| | Month-end close | 8–12 days | **3 days** | | Audit time | 1,000+ hours | **97% reduced** | | Per invoice cost | $15–$30 | **$2–$5** | | Time to deploy | Months | **Hours** | The only startup named a Sample Vendor in the Gartner Hype Cycle for AI in Finance, 2025. --- ## Live Workflows 5 governed workflows, ready to deploy. Custom ones take hours, not months. From manufacturing controllers to retail FP&A teams to healthcare AP departments — each workflow was built in 3–5 hours. Governed, auditable, and production-ready from day one. ### 1. Month-End Close Accelerator Orchestrates the entire close: auto-generates checklists, runs reconciliations, validates journal entries, performs variance analysis, and escalates bottlenecks. ``` Reconcile each sub-ledger against the GL. If variance > $500, escalate to Controller. Publish management report when all tasks complete. ``` - Automated bank and GL-to-subledger reconciliation - AI-powered variance analysis with narratives - **Results:** 3–5 day close cycle (from 8–12), 40 hrs manual recon (from 200+) ### 2. Intelligent AP/AR Assistant Full invoice lifecycle: OCR extraction, 3-way matching, duplicate detection, GL coding, approval routing, and payment scheduling. AR: cash application, collections, dunning. ``` Match invoice to PO by vendor ID and PO number. If variance exceeds 2%, route to AP Manager. Otherwise, approve and post to SAP. ``` - Invoice-to-payment with 3-way match - Cash application with fuzzy matching - **Results:** $2–$5 per invoice (from $15–$30), 30–35 Days DSO (from 45+) ### 3. Financial Reporting Compiler Aggregates data from GL, budgeting, CRM, and HRIS. Generates management reports, board packages, regulatory filings, and natural language ad-hoc analysis. ``` Aggregate consolidated financial statements. For each variance > $10K, write root cause. Distribute to board members by 5pm Friday. ``` - Board package assembly with visualizations - Natural language ad-hoc reporting - **Results:** 8–12 hrs report prep (from 40–80), 2 hrs ad-hoc analysis (from 2–5 days) ### 4. Audit, Compliance & Tax Continuously monitors SOX controls, collects audit evidence, detects segregation-of-duties conflicts, and automates tax data aggregation, provision calculations, and compliance calendar management. ``` For each SOX control in the control matrix: Verify approval evidence exists. If missing, flag as deficiency. ``` - Continuous SOX control monitoring and testing - Tax provision and compliance calendar automation - **Results:** 1–3 control deficiencies/yr (from 8–15), 20–30% audit fee reduction ### 5. Reconciliation Agent Matches intercompany transactions across legal entities with multi-currency support, generates elimination entries, and continuously reconciles GL to subledgers and bank statements — daily, not monthly. ``` Pull balances from all bank accounts. Consolidate by entity and currency. If any entity < $250K, alert Treasury. ``` - Multi-currency IC matching with elimination entries - Daily bank and subledger-to-GL reconciliation - **Results:** 95–100% daily recon rate (from 60–70%), <$50K out-of-balance (from $500K–$2M) Each workflow was built in under 5 hours. Your processes are different — describe them in plain English and Kognitos builds a production-grade app with governance, audit, and scale built in. --- ## Why One Platform Beats Five Point Solutions | Dimension | Point Solutions | Kognitos | |-----------|----------------|----------| | Implementation | Months per tool | Days | | Maintenance | Per-tool dev teams | Zero-code, self-healing | | Auditability | Varies by tool | Every step in plain English | | Exceptions | Manual escalation | Auto-encoded by AI | | Hallucination risk | Probabilistic AI | 0% — by architecture | | Who defines it | Developers / IT | Business leaders + tech teams | | Data silos | One per tool | Unified data layer | | Total cost | 5× vendor stack | Single platform | Covers Order-to-Cash, Procure-to-Pay, Record-to-Report, FP&A, Treasury, and Tax. --- ## Customer Results ### EOS Group Unstructured document processing required manual review across multiple jurisdictions. **98% automation success rate.** Document processing fully automated — freeing the team to focus on strategic finance initiatives. ### TTX Finance automation blocked by manual processes and high labor costs. **80% reduction in labor costs.** F&A automation fast-tracked with AI — deployed and producing ROI in weeks. ### Green Dot Edge cases escalated manually, slowing resolution across the board. **5x faster exception resolution.** Every edge case encoded into deterministic logic, not escalated to a person. --- ## Integrations 200+ pre-built integrations connecting to the tools your CFO org already uses. **ERP & General Ledger:** SAP, Oracle, NetSuite, Workday, Dynamics, QuickBooks, Xero **AP, Procurement & Payments:** Coupa, Concur, SAP Ariba, Stripe, PayPal, Zuora, ADP **Close, Recon & Reporting:** BlackLine, Power BI, Tableau, Snowflake, Databricks, DocuSign **Cloud & Data Infrastructure:** AWS, Azure, GCP, Fivetran, dbt, Boomi, MuleSoft **Collaboration & Workflow:** Salesforce, Microsoft 365, Google, Slack, SharePoint, Box, ServiceNow, Jira, Informatica, Adobe Sign, Celonis [View all integrations →](https://www.kognitos.com/integrations/) --- ## Security & Compliance - **SOC 2 Type II** — Independently audited security controls across availability, confidentiality, and processing integrity - **HIPAA Compliant** — Full PHI handling with audit trails, access controls, and data processing agreements - **GDPR Ready** — Data residency controls, right-to-erasure support, and full processing transparency - **RBAC & Governance** — Role-based access controls on who can run, modify, approve, and audit automations --- ## FAQ **What is agentic AI in finance?** Agentic AI in finance refers to autonomous software that perceives, decides, acts, and adapts within financial workflows. Unlike traditional RPA, agentic AI handles exceptions, learns from human guidance, and carries out multi-step tasks. Kognitos ships production-ready finance workflows and lets teams build unlimited more in plain English — all executed deterministically with zero hallucinations. **How does Kognitos ensure hallucination-free results?** Kognitos uses a patented neurosymbolic architecture separating intent interpretation from execution. An LLM understands rules in English, but a deterministic Symbolic Executor handles all execution — guaranteeing hallucination-free results by design. **What is the difference between point solutions and a unified platform?** Point solutions address one function each with separate data models and integrations. Kognitos covers the entire CFO lifecycle on a single engine with shared data, one integration layer, and consistent governance — lower TCO, no silos, faster implementation. **How does Kognitos handle exceptions?** When an automation encounters an exception, Kognitos routes the issue with full context and a suggested resolution. Once resolved, the platform permanently encodes that fix into its deterministic logic. Over time, 90%+ of exceptions auto-resolve. **Can business users build automations without coding?** Yes. English-as-Code means plain English instructions are the executable code. A controller can write business rules and the platform compiles and executes them deterministically. No developers required. --- [Book a Demo](https://www.kognitos.com/book-a-demo/) | [Try It Free](https://app.us-1.kognitos.com/) | [Platform Overview](https://www.kognitos.com/platform/)