Explore practical ways Aico enhances control, speed and visibility across the close.
Month-end close doesn’t have to be a black box of manual effort, disconnected systems, and last-minute surprises. With Aico, finance teams can automate repetitive tasks, gain real time insight into close activities, and ensure seamless connections between key processes like journal entries and reconciliations.
In this article, we walk through three practical use cases that show how Aico supports day-to-day finance operations and brings clarity, consistency and confidence to every stage of the financial close. From live dashboards to intelligent automation and integrated workflows, these examples demonstrate what’s possible when your close is powered by Aico.
With Aico, routine tasks like report generation, data extraction, and journal posting are fully automated—freeing your team to focus on analysis, not admin. No manual steps. No delays.
- Live Visibility Across the Month-End Close
When a user enters the closing dashboard, they’re greeted with a real-time, intuitive Gantt chart that visualises the entire close process. Finance leaders can view the full scope of month-end activities at a glance, while individual accountants can easily filter down to just their assigned tasks. For example, a user can instantly see their open tasks for MEC (Month-End Close), upcoming deadlines, and completion status—all clearly displayed in one view. This level of visibility makes it simple to track progress, identify delays, and understand exactly where the close stands at any moment. Whether you're a finance director or an accountant, you gain full transparency into the MEC process.
Gain full transparency into your month-end close with a real time dashboard that tracks every task, deadline, and dependency. See what’s been done, what’s overdue, and what’s coming next—all at a glance.
- Fully Automated Task Execution with AI-Driven Intelligence
Tasks configured for full automation in Aico take care of themselves—from start to finish. For instance, Aico can run a predefined report, extract relevant data using intelligent logic, create the corresponding journal entry, and post it—all without manual intervention. It’s a seamless process aligned with your workflow specifications, delivering efficiency, accuracy, and time savings. Where desired, you can configure internal controls for review and approval, offering an extra layer of control before automation takes full effect.
Smart automation in Aico handles the repetitive steps—triggering actions, posting journals, and applying rules—so your finance team can work with confidence, speed, and control.
- Seamless Integration Between Closing and Account Reconciliation
Aico links your financial close with other modules like Account Reconciliation to ensure a truly connected process. When a journal is posted as part of a closing task, the impact is immediately visible in your account reconciliation module. For example, if a reconciliation task generates a journal entry, the associated account balance updates instantly, complete with an audit trail that shows it originated from Aico. Users can see the updated balance, the source journal, and a direct link to the closing task—all within the same platform. This integration eliminates silos and ensures consistency across related processes.
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