ANALYTICS-DRIVEN AUTOMATED RECONCILIATION OF FINANCIAL TRANSACTIONS

摘要

Embodiments relate to analytics-driven automated reconciliation of financial transactions. External information is correlated with a plurality of financial transaction reconciliation exceptions associated with a sequence of financial transactions over a period of time. A plurality of causal factors is identified from the external information associated with a pattern of the financial transaction reconciliation exceptions. A plurality of more recent financial transactions is monitored for the causal factors. An exception prediction alert is issued based on identifying the causal factors in the more recent financial transactions prior to detecting a new financial transaction reconciliation exception associated with the more recent financial transactions.

主权项

1. A method for analytics-driven automated reconciliation of financial transactions, comprising:
correlating, by a processor networked to external data sources, external information with a plurality of financial transaction reconciliation exceptions associated with a sequence of financial transactions over a period of time; identifying, by the processor, a plurality of causal factors from the external information associated with a pattern of the financial transaction reconciliation exceptions; monitoring, by a processor, a plurality of more recent financial transactions for the causal factors; and issuing, by the processor, an exception prediction alert based on identifying the causal factors in the more recent financial transactions prior to detecting a new financial transaction reconciliation exception associated with the more recent financial transactions.