Reconciliation Exception Resolution

Overview

This Starter Kit helps accounting teams resolve reconciliation exceptions on time by routing every item to its responsible owner, tracking exception age against acceptable thresholds, and prioritizing material differences for immediate attention. Resolution documentation is captured consistently and aggregate exception status is visible to the close manager.

In addition to core workflows, this kit includes guidance for effectively using AI tools alongside the workflows to enhance output.

What problem does it solve?

Reconciliation breaks frequently lack a clear owner or escalation process, leaving aging exceptions unresolved until close deadlines approach and forcing teams to investigate discrepancies under time pressure.

What’s included?

• Owner-Based Exception Routing Engine. Routes reconciliation exceptions to the responsible owner automatically so every item has an assigned resolver from the moment it is identified.
• Exception Age and Threshold Monitor. Tracks exception age against acceptable thresholds and escalates items that are at risk of breaching resolution deadlines.
• Materiality-Based Exception Prioritizer. Ranks exceptions by materiality so teams focus resolution effort on the differences that carry the most financial risk.
• Consistent Resolution Documentation Recorder. Captures resolution documentation in a consistent format so the reconciliation audit record is complete and retrievable.
• Aggregate Exception Status Dashboard. Provides the close manager with a consolidated view of exception status across all accounts so nothing ages unnoticed.
• Optional AI Guidance. Learn how to generate financial commentary using AI.

Extending your workflow with AI

This Starter Kit is AI-ready, meaning it’s designed to help you leverage AI tools more effectively with structured, analysis-ready data. With this Starter Kit, you can:

• Prepare high-quality, structured data ideal for LLMs
• Apply AI tools more effectively and consistently
• Combine deterministic analytics with generative AI for enhanced outputs

How it works:

• Build and run the Alteryx workflow to prepare and analyze your data
• Export structured outputs
• Use the included guidance to input results into your preferred LLM

How to use this Starter Kit?

After downloading, you’ll be redirected to our How to Use Starter Kits page for step-by-step guidance on installing, locating, and exploring Starter Kits in Alteryx.