AI case study

DoximityBank reconciliation

A team manually reconciled thousands of transactions, working until 1 a.m. at month-end. Now, an AI matches most transactions, and they finish by noon.

Published|7 months ago

Key results

Auto-Match Rate
75-90%

Result highlights

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The story

Context

A healthcare technology company was manually reconciling thousands of bank transactions every month.

Challenge

Manual bank reconciliations required two full-time and two part-time employees, with the team often working until 1 a.m. on the first day of the...

Solution
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Quotes

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The company

Doximity logo

Doximity

doximity.com

Professional network and productivity platform for healthcare clinicians.

IndustrySoftware & Platforms
LocationSan Francisco, CA, USA
Employees1K-5K
Founded2010

The vendor

Accounting workflow automation platform for financial close management.

IndustrySoftware & Platforms
LocationLos Angeles, CA, USA
Employees251-1K
Founded2013

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