Intelligent Accounting Solutions

Stop Spending Hours and Enhance the Controls of|

Automate the review of journal entries. Easily check account assignments, consistency of postings, accruals, and VAT rates using modern, ML-based anomaly detection.

70%
Time Saved
99%
Accuracy Rate
100%
Data Security

Challenges of Review of Journal Entries

Accountants often face challenges when it comes to effectively and efficiently reviewing their journal entries.

Time-consuming manual review

Manually reviewing journal entries can take hours or even days, depending on the volume and are draining resources.

Incomplete journal analysis

Reviewing journal entries often involves a large number of attributes that are difficult to assess manually.

Overlooked irregularities

Unusual patterns frequently go unnoticed during standard reviews, increasing the risk of errors.

Insufficient control evidence

Poor documentation of reviews makes traceability and reproducibility difficult.

Intelligent Features for Modern Accounting.
Built by Experts.

Leverage advanced ML-models and automate your journal entry control process.

ML-based Outlier Detection

Isolation Forest algorithms identify unusual journal entries that deviate from typical patterns.

VAT Rate Verification

Ensures that the correct value-added tax rates have been applied.

Period Comparison of Postings

Compares account postings with the previous month and previous year to identify irregularities.

Consistency of Accounts

Checks the consistency of booked accounts used for recurring business transactions.

Data Security

Our ML models and other assistance systems operate completely offline. Our servers are located exclusively in Switzerland. Data protection is our top priority.

Expertise and Experience

As members of ExpertSuisse and certified experts, we offer the required competence and many years of practical experience.

How It Works

Four simple steps to obtain a comprehensive list of high risk entries.

01

Upload Raw Data

Securely import up to millions of rows of journal entry data via CSV or Excel.

02

Pre-Analysis of Entries

The Pre-Analysis Dashboard helps you assess industry standard risk criteria as well detected outliers from our ML-model.

03

Select High-Risk Criteria

From the Pre-Analysis Dashboard, identify your prioritized risk criteria to obtain your list of high risk entries.

04

Export & Document

Generate and download your tailored documentation and export your selected entries with complete justification for testing, ready for client delivery.

Ready to Transform Your Process?

Sign up and we will get in touch with you to unlock the new standard of AI-powered journal entry controls.

stefan.hess@novalyt.com