Can the platform handle multi-entity consolidation?

Yes. We support up to 100 entities with automated intercompany elimination, multi-currency translation, and consolidated reporting per Ind AS / IFRS standards.

How does the AI invoice extraction work?

The system uses a combination of OCR, layout analysis, and LLM-based extraction to capture line items, tax amounts, vendor details, and PO references from invoices in any format — PDF, image, or email attachment. Accuracy is 98%+ on structured invoices.

Is the GST module updated for latest regulations?

Yes. We track every GST Council notification and CBIC circular. The module is updated within 48 hours of any rate change, rule amendment, or new compliance requirement.

Do you have a specific offering for CA firms?

Yes. Our CA Firm Edition includes multi-client management, staff-task allocation, deadline tracking, automated GST/ITR preparation, client portal with document collection, and per-client billing — all from a single dashboard.

What is the pricing model?

For enterprises: annual subscription based on revenue band and number of entities. For CA firms: per-client pricing that scales with your practice. Both include implementation, training, and ongoing support.

Accounting & Finance Platforms

Close Books Faster with AI-Powered Finance Ops

Indian enterprises spend 15-20 days on monthly financial close. CA firms drown in GST return preparation every quarter. Finance teams reconcile thousands of transactions manually in spreadsheets. Our platform automates the grunt work so your finance team can focus on analysis and strategy.

View Dashboard Explore Challenges

75%

Faster Monthly Close

99.2%

Reconciliation Accuracy

GST Filing Speed

Finance Ops

Close Management Score

Real-time progress across 14 close tasks

Reconciliation96%

GST Compliance93%

AP Automation89%

Financial Close91%

Industry Challenges

Finance & Accounting Pain Points

Manual processes that made sense at ₹50 Cr revenue break down completely at ₹500 Cr.

📅

Painful Monthly Close

Month-end close involves 50+ manual tasks — journal entries, intercompany eliminations, accruals, and variance analysis — taking 15-20 days.

🧾

GST Return Nightmare

GSTR-1, GSTR-3B, and GSTR-9 preparation involves matching lakhs of invoices, handling ITC mismatches, and chasing vendors for corrections.

🔄

Manual Reconciliation

Bank reconciliation, vendor reconciliation, and intercompany reconciliation still happen in Excel — with inevitable errors and delays.

📨

Invoice Processing Bottleneck

AP teams manually extract data from vendor invoices in 10 different formats — PDF, email, scanned images — then key it into the ERP.

📊

Delayed Financial Insights

CFOs get P&L and cash-flow reports weeks after month-end. By then, the data is stale and decisions are based on gut feel.

👥

CA Firm Scalability

Accounting firms cannot scale beyond their headcount. Every new client means hiring another articled clerk for data entry.

Our Solutions

Finance Automation Solutions

From invoice capture to board reporting — automate the entire finance function.

🤖

AI Invoice Processor

Extract line items from vendor invoices in any format — PDF, image, email — with 98% accuracy using OCR and LLM-based extraction.

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⚙️

Financial Close Workflow

Orchestrate 50+ close tasks with dependencies, deadlines, and auto-escalation — reducing close from 15 days to 4.

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📊

Client Management for CA Firms

Multi-client dashboard with GST filing status, ITR deadlines, document collection tracking, and automated client communication.

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🛡️

GST Compliance Engine

Automated GSTR-1, GSTR-3B, GSTR-9 preparation with ITC reconciliation, vendor mismatch detection, and e-invoice integration.

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🔗

ERP & Bank Integration

Pre-built connectors for Tally, SAP, Oracle, Zoho Books, and 40+ banks for automated bank-statement ingestion and reconciliation.

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🤖

Reconciliation Bots

RPA bots that perform bank, vendor, and intercompany reconciliation nightly — matching 99.2% of transactions without human review.

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Want to close books in 4 days, not 15?

See how our financial close automation works — book a demo with our finance-ops team.

Book Free Consultation View Case Study

Finance Ops Impact

Accounting Automation Results

Metrics from enterprises and CA firms that deployed our finance automation platform.

75%

Faster Close

99.2%

Recon Accuracy

GST Filing Speed

₹1.8Cr

Annual Savings

Impact Metrics

ROI by Function

Three finance functions where automation delivers the fastest payback.

75%

Faster Monthly Close

Automated journal entries, intercompany eliminations, and variance analysis cut close time from 15 days to 4.

GST Filing Speed

Automated invoice matching, ITC reconciliation, and return preparation reduce GST filing effort by 75%.

90%

Less AP Manual Work

AI invoice extraction and 3-way matching automate 90% of accounts-payable processing.

Compliance & Regulations

Finance Compliance Standards

Security and compliance certifications that finance teams and auditors require.

🛡️

SOC 2 Type II

Annual audit covering security, availability, and confidentiality — critical for platforms handling financial data.

📋

GST Suvidha Provider

Licensed GSP integration for direct GSTN connectivity — ensuring return filing accuracy and API reliability.

🔒

ISO 27001:2022

Certified ISMS covering data handling, access controls, and incident response for financial data processing.

🏛️

Ind AS / IFRS Compliant

Financial close workflows and reporting templates aligned with Indian Accounting Standards and IFRS requirements.

Why OpenMalo

Why Finance Teams Choose OpenMalo

We have automated finance operations for enterprises from ₹100 Cr to ₹10,000 Cr revenue.

🧾

GST-First Platform

Built ground-up for Indian GST complexity — HSN codes, reverse charge, composition scheme, e-invoicing, and e-way bills.

🔌

Tally & SAP Connectors

Two-way sync with Tally Prime, SAP B1/S4HANA, Oracle NetSuite, and Zoho Books — no manual data export/import.

📐

Multi-Entity Support

Manage 50+ entities with intercompany eliminations, consolidation, and entity-specific chart-of-accounts mapping.

🏢

CA Firm Edition

Purpose-built for accounting firms — multi-client management, staff allocation, deadline tracking, and client portal.

📊

Real-Time CFO Dashboard

Live P&L, cash flow, working capital, and variance analysis — not month-old reports assembled in PowerPoint.

⏱️

6-Week Go-Live

Our fastest enterprise deployment closed books on the new platform within 42 days of kickoff.

Get Started

Automate Your Finance Operations

Share your close process and transaction volumes — we will build a custom automation plan.

Free financial-close process audit

GST compliance gap analysis

ERP integration feasibility check

ROI projection for your finance team

No obligation — cancel anytime

Featured Case Study

Case Study

Mid-Market Enterprise

How a ₹1,200 Cr Enterprise Cut Close to 4 Days

A mid-market manufacturing company with ₹1,200 Cr revenue and 12 entities was spending 18 days on monthly close. The CFO had no visibility into financial performance until the 20th of the following month — making board meetings an exercise in stale data.

4 Days

Monthly Close Time

99.2%

Reconciliation Accuracy

₹1.8Cr

Annual Finance Savings

The Challenge

The Problem

The finance team was trapped in a monthly firefight:

Intercompany transactions across 12 entities required manual elimination entries taking 3-4 days alone

Bank reconciliation for 28 bank accounts was done in Excel — with frequent mismatches discovered weeks later

GST return preparation consumed 6 days per quarter with manual invoice matching across Tally and the ERP

The CFO received financial reports on Day 18 — too late for meaningful course correction

Our Approach: We deployed our financial close workflow engine to orchestrate all 52 close tasks with automated dependencies and escalation. RPA bots handle bank reconciliation across 28 accounts nightly. The GST compliance engine auto-matches invoices and prepares returns with ITC reconciliation. Intercompany elimination is now automated with rule-based matching. The CFO gets a live P&L dashboard by Day 4. Total deployment including Tally and SAP integration took 8 weeks.

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Client Stories

What Our Clients Say

“We closed books on Day 4 for the first time in company history. My board presentation now uses live data, not month-old numbers.

Anil Agarwal

CFO, Manufacturing Enterprise

“GST filing went from a 6-day nightmare to a 2-hour review. The ITC mismatch detection alone saved us ₹45L in the first quarter.

Prachi Deshmukh

Tax Head, Retail Chain

“As a CA firm, we scaled from 80 to 200 clients without adding headcount. The multi-client dashboard changed everything.

Rajeev Khanna

Managing Partner, CA Firm

FAQ

Frequently Asked Questions

Tally Prime, SAP Business One, SAP S/4HANA, Oracle NetSuite, Zoho Books, QuickBooks, and Microsoft Dynamics. We also support custom ERP integrations via API or flat-file exchange.