Problem Statement
The organization’s payment reconciliation process faces significant challenges due to manual data collection from various sources like POS, ERPs, and email statements, leading to errors, incorrect revenue reports, and tax compliance issues. Daily tasks add manual labor and processing time. Scalability is limited as the process struggles to incorporate new data sources. Manual validation causes inefficiencies, with disjointed processes prone to errors. Reliance on Excel introduces data gaps and errors, while dependency on specific individuals creates bottlenecks, hindering operational efficiency.
