Automated Reconciliation with TripActions Liquid

Increase financial agility with real-time visibility

When reconciliation is instantaneous, finance and accounting teams have immediate knowledge of how much is being spent and what it’s being spent on. This makes it more effective for finance teams to manage cash flow and allows for accurate budgeting, planning, and forecasting.

5 Simple Ways to Improve Expense Management

Achieve time savings and accuracy with automation

Missing or incorrect data entry slows down your month-end close and wastes time for finance teams, who have to comb through statements to catch errors. Save time on repetitive data entry by auto-categorizing ledger entry fields for merchant, expense category, spend amount, and more.

Seamless Integrations with Your ERP and Accounting Systems

Close the books effortlessly by auto-syncing all transactions directly into the GL. Plus, TripActions Liquid integrates with a broad suite of ERP and accounting systems (including Oracle NetSuite, Sage Intacct, QuickBooks Online) to provide a view of all your business spend and financial data in one system.

Reduce risks with increased transparency

Automated reconciliation allows finance teams to mitigate financial risks. Through real-time spend visibility, admins can spot irregular purchasing activities and respond quickly to reduce fraud and support secure, compliant transactions.

“Reconciliation now takes under an hour with TripActions Liquid, versus a month previously when we had to manually call hotels to verify data.”

– Tu Nguyen, AP Analyst, Zoom

Lyft Accelerates Expense Reconciliation Process with TripActions Liquid™

Lyft is a publicly traded ridesharing company based in San Francisco with thousands of employees across North America. At this scale, their team needed a way to balance administrative compliance with efficiency and TripActions Liquid was the perfect end to end solution for this.

Read the case study