Forget manual data entry, minimize the risk of errors, and speed up your closing process.
With NEOFI Journal Entry , maintain control over your accounting entries by automating your journal, from creation to approval.
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Creating and posting journal entries is one of the most time-consuming processes in accounting. It impacts the work of the entire finance department.
Using automated journal entry generation software can save you up to 60% of your working time.
The rules engine integrated into NEOF I allows you to model your accounting schemes which can then be called upon after any event that occurs on the platform: bank information, cash management data, payment operations, internal Excel files, payroll, etc.
NEOFI accounting entry generation tool automatically generates accounting entries according to customizable rules and lookup tables.
You can select the entries you want to automatically integrate into your accounting ERP.
Learn more about automating accounting entries!
You can implement controls on the balance of generated entries, exception handling, replay validation, etc.
The NEOFI Journal Entry has been designed so that the accounting entries you generate are easily readable and usable.
The connectors available in NEOFI allow you to interface with all existing ERP systems to automatically retrieve data from any accounting application, regardless of format.
Any file can automatically generate accounting entries: bank information, Excel files, payment transactions, etc.
You can generate these entries in real time by importing files into the solution, or use the data available in the NEOFI .
There are often some synchronization discrepancies between your various accounting and financial applications, which prevents information from being transmitted efficiently.
This is easily remedied by connecting NEOFI to all your applications to distribute updated data.
Does your new fiscal year require you to include new entries?
Make the changes directly in the accounting scheme!