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3. Bank Reconciliation
The cashbook module imports bank statements (CSV/QIF) and matches them to your invoices automatically. This saves hours every week. This blog post is designed to address the
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7. Financial Impact (Pilot Scenario)
| Metric | Current (baseline) | With IIC (pilot) | Δ | |--------|-------------------|------------------|---| | Invoice Processing Time | 15 min/invoice | 8 min/invoice | -53 % | | Monthly Closing Effort | 120 hrs | 65 hrs | -46 % | | Late Payment Penalties | $2,500/quarter | $800/quarter | -68 % | | Annual Software Cost (10 seats) | $9,600 (legacy) | $6,800 (IIC) | -$2,800 | | Net Annual Savings | – | ≈ $5,300 | – |
