ERP accounting platform Rillet recently announced its Continuous Close Accruals module, which the San Francisco-based company said is “taking accruals out of spreadsheet chaos and bringing them into the future.”
According to Rillet, here’s what this release unlocks:
- Rillet surfaces ready-to-review, AI-native accruals by analyzing your historical data and patterns—plus configurable lookback periods so you control how much history is considered.
- Aura AI generates rationale in plain language so you can see exactly “why” an accrual was created. You can even give Aura additional context to instantly refine the analysis.
- Stay firmly in the driver’s seat with detailed AI settings, editable suggestions, approve/post workflows and overrides.
- Visualize how your accruals are evolving over time, with clear trend views by vendor and across your entire books.
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Rillet was founded in 2021 by Nicolas Kopp and Stelios Modes whose goal was to transform the ERP landscape, proposing an alternative to the decades-old legacy systems accounting and finance teams are forced to work with every day. The company’s team is made of accountants and engineers.
More information about Rillet can be found here.
Photo credit: Rillet via LinkedIn
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Tags: Accounting, Artificial Intelligence, erp, ERP software, Rillet, Technology
