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Acme CapitalFinance

Five days to close the books, by hand

The situation

Acme Capital closed its books by manually matching bank statements against invoicing spreadsheets, a process that took its accounting team about five business days every month, with frequent errors.

What BoRo built
  • An automatic bank reconciliation module integrated into Odoo.
  • Automatic matching of bank transactions against invoicing, with exceptions flagged for manual review.
  • Executive reporting with close status available at any time, not just at month-end.
Result

Monthly close dropped from 5 days to 1, with 90% fewer reconciliation errors.

Acme Capital — Case Study — BoRo