Intercompany reconciliation is often one of the most

time-consuming activities during financial close.

Controllers and corporate consolidation teams must identify

mismatches between reporting entities, understand

why they occurred, and determine which issues require

action before consolidation can be completed.

The Board controller agent dramatically reduces the effort of

intercompany reconciliation by analyzing

reconciliation data,

prioritizing the largest issues, and explaining the

likely root causes behind each imbalance.

In this example, we launch the Board controller agent

and confirm the reporting context.

The agent then verifies the reporting period, the scenario,

and currency before beginning its analysis.

This simple confirmation ensures that every recommendation

you receive is based on the correct reporting data

and provides the governance expected in a controlled

financial close process. The first analysis provides an

executive summary of the organization's intercompany

position.

Rather than requiring finance users to review hundreds or

thousands of reconciliation records, the Board controller

agent scans the entire intercompany reconciliation

cockpit in Board and immediately summarizes the

results. It highlights the overall balance sheet

and income statement imbalances, identifies the

largest reconciliation gaps, and prioritizes the

discrepancies that deserve immediate

attention. Within seconds, controllers have a

clear picture of where the biggest reconciliation risks

exist in their close process. Beyond simply listing

exceptions, the agent categorizes the most significant

discrepancies. It's distinguishing between missing

intercompany data,

known reconciliation differences, and other

unresolved items that require further

investigation.

Instead of manually searching through large reconciliation

reports, finance teams can immediately focus on the

exceptions with the greatest business impact first.

Once this high-level review is complete, finance can now

drill into a specific reporting entity.

In this example, we select Germany because it

contains several of the largest reconciliation

differences. The intercompany matching

detail analysis now performs a focused investigation

of Germany's outstanding intercompany balances,

explaining each mismatch individually and

suggesting the most likely root cause.

This is where the Board controller agent delivers the greatest

value. Instead of simply reporting that two companies are out

of balance, it's explaining why. For

example, the agent identifies situations where a

transaction was likely posted to different accounts by

each reporting entity, resulting in a small but

explainable mismatch.

It recognizes currency translation effects,

distinguishing legitimate foreign exchange differences from true

reconciliation issues. It also identifies

missing intercompany records where one side of the

transaction has not yet been reported.

And when there isn't enough evidence to determine the cause with

confidence, the Board controller agent classifies the

issue as residual, clearly indicating that additional

investigation is required rather than just making an

assumption.

This transparency allows controllers to trust the

analysis while maintaining complete control over

the final accounting decisions. Without Board

AI, finance professionals often review every

reconciliation difference individually, even

though many represent known or easily explained

issues.

The Board controller agent handling intercompany

reconciliation performs that initial investigation

for you automatically, allowing users to focus

only on the exceptions that truly require your accounting

judgment. For controllers, this means less time

reviewing reconciliation reports, faster

identification of material issues, and quicker

resolution of intercompany differences across the

group. The result is a more efficient financial close,

improved collaboration between local and corporate finance

teams, and greater confidence that the intercompany balances have

been thoroughly analyzed before consolidation

continues.