Account Reconciliation in EPM: Templates, Automatch & Controls | CFO Shortlist
EPM Buyer’s GuideACCOUNT RECONCILIATION

Account Reconciliation

Standardize reconciliations with policy, automatch, and exception workflows so risk is visible and controlled—at scale.

Key takeaways
  • Templates per account type; frequency rules and SLAs.
  • Automatch with tolerances; exception queues.
  • Aging dashboards; preparer/reviewer segregation.

Templates & policy

  • Bank, accrual, clearing, suspense, intercompany.
  • Risk scoring drives documentation requirements.
  • Daily/weekly/monthly cadence policies.

Automation & matching

  • Multi‑rule automatch and thresholds.
  • Unmatched items → exception queues and workflows.
  • AI suggestions for explanations (opt‑in).

Workflow & approvals

  • Preparer/reviewer segregation.
  • Aging and escalation dashboards.
  • Certification gates tied to close.

Metrics

  • % auto‑matched.
  • Aging >30/>60/>90.
  • Rework rate; review SLAs met.
Checklist
  • Recs inventory and policy matrix.
  • Bank/GL/data feeds mapped.
  • Match rules and tolerances defined.
  • Aging thresholds and escalation matrix.
  • Sampling plan for audit.

Frequently Asked Questions

Yes—file/API ingestion, automatch, exception workflows, and evidence attachments.
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