Automated Reconciliation is a process that supports the accurate and timely matching of two sets of financial records. This process typically involves software (such as an ERP system or automated reconciliation software) which can reduce the manual effort involved with reconciling accounts. By automating this process, businesses can ensure that their financial accounts are always up-to-date and aligned to their regulatory reports. Automated Reconciliation can also help to identify errors quickly, reducing the time spent resolving discrepancies. Ultimately, it helps businesses to make better and faster decisions, resulting in improved customer service and greater efficiency.