Eagl offers AI-powered agents that automate financial close and controlling processes by integrating with ERP systems. These agents proactively identify and correct data anomalies, streamline accrual management, and facilitate collaborative task completion for improved financial accuracy and efficiency.
Funding
Funding not disclosed
Founders
Product
Problem
Finance teams face challenges in achieving both speed and accuracy during month-end close processes. This often results in manual reconciliation efforts, missed deadlines, and potential financial misstatements due to data quality issues.
Solution
Eagl provides AI-powered agents designed to automate and enhance financial close and controlling processes. These agents integrate with existing ERP systems to proactively identify and rectify data anomalies, such as misclassifications, duplicates, and timing discrepancies. By streamlining workflows and providing intelligent suggestions for accruals, Eagl enables finance teams to achieve cleaner financial data and a more efficient closing cycle. The platform also facilitates collaborative task management with built-in audit trails, ensuring accountability and timely completion of closing activities.
Target Audience
Eagl targets modern finance teams, including controllers and accounting departments, who are responsible for month-end close processes and require improved financial accuracy and efficiency.
Features
- AI agents for real-time anomaly detection, identifying misclassifications, duplicates, and timing issues across all accounts and entities.
- Automated accrual management, including flagging high/low amounts, suggesting provisions, and executing reversals upon invoice posting.
- Collaborative closing checklists with task assignment, progress tracking, and comprehensive audit trails for enhanced control and visibility.
- Seamless integration with existing ERP systems to ingest and process financial data.
- Role-based access controls to ensure data security and restrict access to authorized personnel.
- End-to-end data encryption for protection during transit and at rest.
- Activity monitoring and comprehensive logging for complete platform visibility and accountability.