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AI reconciliation

Clofast

An AI-powered reconciliation and automation platform designed and developed by Quadric IT to streamline financial, supply chain, contract and compliance processes.

Visit clofast.com (opens in a new tab)Request a walkthrough
  • Clofast logo
On this page
  1. 01Overview
  2. 02How it works
  3. 03Features
  4. 04Use cases
  5. 05Why Clofast
  6. 06Connections
Clofast logo

The business process transformation platform powered by agentic AI

What is Clofast?

In today’s digital enterprise, manual reconciliation no longer scales. Reconciling financial data, supply chain records or regulatory contracts across systems is time-consuming, error-prone and costly.

Clofast is an AI/ML-driven platform designed and developed by Quadric IT that extracts, matches, validates and reconciles data across disconnected systems. Built for finance, supply chain, contract management and compliance teams, it eliminates manual work, ensures accuracy and automates compliance — while integrating with ERP, CRM and other business systems.

Highlights

All-in-one reconciliation.

  • Eliminates manual reconciliation
  • Ensures accuracy
  • Automates compliance
  • Integrates with ERP, CRM and other business systems
  • Built on AI/ML technologies

How Clofast works

From raw documents to audit-ready reports.

A streamlined four-step process takes data from ingestion to reporting.

  1. 01

    Extract data

    Ingests data from PDFs, spreadsheets, scanned documents, video and ERP systems using OCR and AI.

  2. 02

    Reconcile & validate

    Machine-learning rules and natural-language input match and validate large data sets across sources.

  3. 03

    Resolve exceptions

    Flags discrepancies and suggests corrective actions based on past patterns and business rules.

  4. 04

    Generate reports

    Creates audit-ready reports and dashboards to share with stakeholders in real time.

The Clofast reconciliation workflow

Smart features

What sets Clofast apart.

  • Effortless data extraction

    OCR, video, image and PDF input — no manual copy-paste.

  • Real-time data sync

    Syncs directly with ERP, CRM and cloud business systems for a live source of truth.

  • AI-based data matching

    ML algorithms and language-based logic identify and match records across data sets.

  • Proactive situation handling

    Classifies tasks and alerts teams to exceptions before they become bottlenecks.

  • AI Buddy

    A conversational assistant that lets you chat with your data for instant insights.

  • Collaboration built in

    One central space for cross-functional teams to work on reconciliation workflows.

Core capabilities

  • AI-driven reconciliation across systems
  • Automated exception handling
  • Real-time ERP / CRM sync
  • Compliance-ready reporting
  • Custom business-rule validation (ML / NLP)
  • Audit-ready logs

Use cases

Built for teams that live with reconciliation.

Clofast serves teams that deal with reconciliation complexity — ideal where reconciliation cycles are mission-critical.

Finance

Auto-validate transactions across accounting, bank statements and ledgers.

  • Month-end reconciliations on time
  • Bank and ledger matching
  • Tax and sales reconciliations

Why choose Clofast

Faster closes, cleaner data, fewer surprises.

  • 01

    Up to 80% less manual reconciliation time

    Automated matching and verification take the repetitive work out of reconciliation.

  • 02

    Real-time, reliable insights

    Decisions are made on data that is current and accurate.

  • 03

    Industry-agnostic and ERP-compatible

    Works across industries and integrates with existing ERP systems.

  • 04

    Compliance by design

    Audit logs and access control keep every action traceable.

  • 05

    Built for scale

    An AI-first architecture that grows with your volumes.

Clofast is more than a reconciliation tool — it is your digital analyst, your compliance monitor and your cross-system connector.

Connected to

Where Clofast fits.

The practices, industries and products that connect to Clofast — and the shortest path to seeing it live.

Clofast logo

10 connections

Next stepRequest a walkthrough

Website

Product websiteclofast.comThe official Clofast site (opens in a new tab)

Solutions

SolutionBusiness AI & AI/MLSolutionIntelligent AutomationSolution areaOneStream financial closeClofast within our EPM practice

Industries

IndustryLife Sciences & PharmaCompliance, quality and supply chain.

More products

Tender & order managementTendorixHealthcare & pharma AIMedical LLMLearning managementAI-Based LMSPlanning & collaborationIntegrated Business Planning CalendarAI document managementReNote AI

Contact us

Explore Clofast with our team.

We will walk you through the platform and how it could fit your processes and systems.

Contact Usinfo@quadricit.com