Meet Verity, Your AI-Powered Digital Workforce for Accruals
The month-end close is a race against time, and manual accruals are the biggest bottleneck. BlackLine Verity Accruals takes over the entire process. It’s enterprise-grade AI extracts data, confirms details with third parties, calculates final amounts, and drafts audit-ready journal entries. Stop forcing your experts to grind through manual work. Start empowering your team to focus on value.
Verity Accruals features
How Verity Accruals Works:
Unify Financial Data
Verity connects directly to your ERPs, procurement tools, and billing systems. It pulls millions of data points into a single workspace for analysis, eliminating the risk and inefficiency of manual data consolidation.
AI Analysis and Investigation
Complex accruals require human context. Verity acts as an extension of your team by emailing business partners and third parties to confirm unbilled services. It interprets their replies, calculates the amounts, and flags any uncertainties for your final review.
Prepare Audit-Ready Journals
The agent applies accounting-specific logic to instantly calculate proposed accruals. It eliminates manual entry errors by drafting a complete journal entry formatted exactly to your ERP specifications.
Ensure Transparency and Auditability
Verity automatically logs every single step. From the initial data extraction to the final third-party confirmation, you get a transparent audit trail that stands up to the toughest regulatory scrutiny.