Case Study: Atolls cuts invoice matching and revenue reconciliation time by 90% with RapidCanvas

Atolls cuts invoice matching time by 90% with RapidCanvas

The shopping engagement platform Atolls faced significant bottlenecks in its finance operations. Manual invoice matching and revenue reconciliation processes were incredibly time-consuming, delaying month-end close and creating scalability challenges for their growing partner network. To address this, Atolls partnered with AI vendor RapidCanvas for an automated solution.

RapidCanvas implemented a bespoke automated reconciliation platform powered by AI algorithms. This solution centralized data ingestion, used machine learning for advanced matching, and provided interactive dashboards for insights. The results were transformative: Atolls achieved a 90% reduction in manual processing time, annual cost savings of $72,000, and matching accuracy exceeding 90%. The RapidCanvas solution empowered the finance team to focus on strategic work while ensuring faster, more accurate partner payments.

Atolls