Faster revenue realization and full financial transparency for today.
Automation helps you tap into your team’s strategic skill set, which enables you to build a best-in-class finance and accounting processes that make better use of existing resources.
Automate the month-end close process and reconcile year-end financial data quickly and efficiently, reducing the stress-heavy days when deadlines draw near.
Automating ongoing compliance enforcement and data capture allows your team to proactively address and report on regulations before they impact your business.
Capturing an accurate, real-time picture of financial health is a critical need for business success today. At most organizations, creating financial reports involves running multiple large Excel files simultaneously, creating stalls and long execution times. Using accounting automation with Catalytic, businesses can reduce time-to-completion by 50% or more and ensure the process runs accurately.
From accounts receivable to accounts payable, invoice processes typically involve multiple stakeholders, requires manual and time-consuming communication, and is often slowed down further by discrepancy resolution. Catalytic can send or intake invoices from vendors and suppliers, and route the approval workflow. Then Catalytic can also push the relevant data to your payment software.
For companies operating in multiple geographies, managing the accounting of transactions that occur in foreign currencies can be a time-consuming process. Catalytic can automatically reconcile credit and debit transactions that occur in currencies other than USD, make calculations with the current exchange rate, and capture tracking for these transactions for future reporting needs.
Catalytic helped one global certification company use financial process automation for a new invoice intake process that automated 90% of the manual work, driving an immediate $125,000 in cost savings.
Catalytic can integrate and automate any of the apps and software you use today in your financial work.