Manual reconciliations can be a time-consuming and error-prone process. Take the next step and learn how Operartis reconciliation machine learning can help.​
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Key benefits of improving your reconciliation processes:
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Increased efficiency
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Improved exception management
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Reduced costs
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Enhanced visibility into your financial data
The first ever reconciliation benchmark
BenchRec has been launched as a collaborative industry effort to provide datasets and operational metrics to allow for the development and comparison of both rules and machine learning based reconciliation approaches.
Organizations looking to optimize their reconciliations processes can use the datasets to drive insights into their operational reconciliations through the measurements of match rate, match precision and match confidence calibration.
Academic members, solution providers and financial services firms are invited to participate in the benchmark and where possible to donate additional benchmark datasets.
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The first ever reconciliation benchmark was launched by Operartis at the 2023 ACM AI in Finance conference (https://ai-finance.org/icaif-23-competitions-datasets/) and now has been made available here to all interested parties as the first dataset under the BenchRec initiative.
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Training and evaluation datasets
The training and evaluation datasets contain obfuscated sets of matched GL and bank transactional data taken from a production reconciliation from a Tier 1 financial institution. The dataset has undergone validation from multiple teams to ensure it is sufficient to build an effective rules or machine learning model matching engine.
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From academic labs to financial services firms to reconciliations solution providers, everyone is welcome to sign up and participate. The forthcoming public-facing leaderboard is designed to encourage innovation and collaborative understanding of this ubiquitous industry use-case.
Optimise your reconciliation processes
Organizations looking to optimize their reconciliations processes can use the datasets to drive insights into their operational reconciliations through the measurements of match rate, match precision and match confidence calibration.
If so, then look no further. Have a chat with us and together, we will figure out your reconciliation process KPIs and how they stack up against your industry counterparts.​
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Sign up to participate
Pricing plans to fit your needs
Along with annual license models we also offer ‘pay as you save’ pricing plan options, so you avoid the large upfront capital costs usually associated with software installations and guarantee your ROI.
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Module packages range from low-cost micro instances all the way up to enterprise level with source code license options, so whatever your needs we have a package to suit you.
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Our transaction-based pricing option is a small fraction of the cost of your manual effort by so your ROI kicks in from day 1, and volume discounts mean the higher your manual matching volumes the lower our per transaction fee and even bigger your savings.
Pinpoint Accuracy
Honed algorithms provide calibrated confidence for your matches which dramatically outperforms market leading rules engines with a 60-80% reduction in manual matching
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Reduction in
Manual Matching
Matchimus dramatically reduces your manual matching workload
Fully
Integrated
Easy to integrate, easy to use
ROI Guarantee
Return on investment assured with our Proof of Value assessment before you purchase.
Get a Demo of Operartis
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Want to get started? Fill in the form to start the conversation about how Operartis can help your business.
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Want to see proof of value? We'll measure the match rate improvement on your chosen reconciliation data and provide an automation report detailing your ROI before you commit to purchase.
:+1-212-810-0264