Rillet

Core Functionalities

• Branch Management
  Centralizes financials across multi-entity structures with automated consolidation and inter-company handling.
• Tax Management
  Ensures compliant financial reporting with automated tax-ready calculations aligned to GAAP standards.
• Asset Management
  Automates asset tracking, depreciation, and amortization with audit-ready schedules and configurable rules.
• Transaction Management
  Automates journal entries, approvals, and reconciliations to streamline financial transactions across entities.
• Accounts Payable
  Centralizes vendor bills, approvals, and payments with automated matching, coding, and reconciliation workflows.
• General Ledger
  AI-powered ledger with automated entries, dimensional tagging, and audit-ready financial accuracy at scale.
• Statutory Compliances
  Provides audit-ready records with GAAP-compliant statements, controls, and automated compliance processes.
• Alerts & Notifications
  Sends automated alerts for approvals, exceptions, deadlines, and reconciliation gaps across financial operations.
• Bank Reconciliation
  Automates bank feed imports, matching, and reconciliation with anomaly detection and real-time variance tracking.
• Collection Management
  Streamlines receivables follow-ups using automated reminders, dunning workflows, and payment tracking tools.
• Receipt Management
  Supports document attachment, validation, and coding of receipts within AP workflows for cleaner audit trails.
• Document Management
  Organizes bills, receipts, and financial documents with secure storage, tagging, and version control.
• Credit / Debit Note
  Supports issuing, tracking, and applying credit or debit notes with accurate financial and audit impact.
• Multi Currency Support
  Automates FX conversions, revaluations, and consolidated reporting across global currencies and entities.
• Bookkeeping Capabilities
  Automates core accounting tasks including coding, posting, and auditing for accurate books at all times.
• Bank Settlement
  Automates matching of bank transactions with ledger entries for faster settlement and reduced reconciliation time.
• Cost Centres
  Enables cost allocation and reporting across departments for deeper financial tracking and expense control.
• Fixed Asset Register (FAR) Management
  Maintains complete asset lifecycle, depreciation rules, and audit-ready schedules for accuracy.
• Trial Balance Preparation
  Generates accurate trial balances with automated adjustments and validation for period-end close.
• Variant Analysis
  Provides automated period-over-period variance insights to highlight financial performance shifts.
• Accounts Receivable
  Manages invoicing, collections, reminders, and cash applications with automated workflows and real-time insights.
• Payroll Management
  Streamlines the process of calculating employee salaries, tax deductions, and benefits.
• Time & Expenses Management
  It is a process of recording, tracking, and managing employee working hours and business-related expenses.
• Fund Accounting
  It is a method of segregating resources into self-balancing sets of accounts, or funds, according to their intended use or
• Gst Report Preparations
  Involves the process of compiling data on Goods and Services Tax (GST) transactions from various financial records within an
• Return Filings
  Return filings are crucial in accounting software, where businesses prepare and submit tax returns to relevant authorities.
• Tds Report Generations
  Includes the automated creation of reports detailing Tax Deducted at Source (TDS) from payments made to vendors or contractors.
• GST Input Reconciliations
  Involves matching the Input Tax Credit (ITC) claimed on purchases with the GST details provided by suppliers.
• Batch Management
  It enables users to handle multiple transactions collectively, streamlining processes such as invoicing, payments, and updates.
• Broker Management
  Involves tracking & managing broker transactions, commissions, & related financial activities to streamline brokerage
• Claims Management
  Includes tracking, processing, & settling claims efficiently, ensuring accurate record-keeping and financial reporting.
• Quotation & Estimates
  Offers detailed price estimates to clients before finalizing sales, while estimates offer preliminary cost projections.
• Sales Management
  It consists of tracking sales transactions, managing customer accounts, and generating reports on sales performance.

Billing & Invoicing

• Payment Processing
  Integrates with payment systems to automate billing, collections, settlements, and cash application workflows.
• Payment Tracking
  Tracks payment statuses, settlements, outstanding dues, and cash movements with real-time visibility.
• Invoice Processing
  Automates invoice creation, coding, approvals, and matching with AI-assisted workflows and data extraction.
• Automatic Payment Reminders
  Sends intelligent reminders for overdue receivables to improve cash collections and reduce manual work.
• Bill Of Materials (BOM)
  Refers to a detailed list of raw materials, components, and instructions required to manufacture a product.
• E-Way Bill Generation
  E-Way Bill Generation involves creating and managing electronic invoices required for the transportation of goods under GST

Retail and Point of Sale

• Point of Sale (POS)
  Integrates sales transactions with financial records, facilitating real-time inventory management and streamlined reporting.
• Retail Management
  Consists of features for tracking inventory levels, sales transactions, & customer data along with generating reports for

Project and Workflow Management

• Transaction Management
  Automates journal entries, approvals, and reconciliations to streamline financial transactions across entities.
• Workflow Management
  Automates close checklists, approvals, and financial workflows to standardize processes and reduce manual effort.
• Time & Expenses Management
  It is a process of recording, tracking, and managing employee working hours and business-related expenses.
• Project Accounting
  Project accounting tracks & manages financial information & activities specific to individuals or jobs.
• Facility Management
  Refers to the tools used to track and manage the operational costs, maintenance, and usage of physical assets or facilities.
• Production Management
  It involves tracking & controlling the manufacturing process, including inventory levels, work orders, and production costs.

Inventory and Supply Chain Management

• Vendor & Supplier Management
  Tracks vendor details, bills, payments, and balances to streamline AP workflows and maintain records.
• Inventory Management
  It involves tracking, managing, and optimizing the stock of goods and materials.
• Inventory Reconciliation
  Refers to the process of matching the inventory records in an accounting system with physical inventory.
• Barcode Scanning
  It streamlines inventory management by automatically tracking & recording product information.
• Delivery Management
  It consists of tracking and managing the delivery of goods or services to customers, including scheduling, logistics, & more.
• Distribution Management
  Involves tracking & managing the flow of goods from suppliers to customers, including inventory control.
• Item Master
  A centralised database where detailed information about each inventory item or product is stored.
• Product Management
  It includes overseeing the development and enhancement of features related to tracking, managing, and reporting financial data.
• Stock Management
  It includes tracking inventory levels, monitoring stock movements, & managing reorder points.
• Store Management
  Helps track inventory, manage stock levels, and streamline purchase and sales processes.
• Supply Chain Management
  Streamlines procurement, inventory, and logistics for efficient financial oversight.
• Warehouse Management
  Optimizes inventory, controls stock levels, and manages orders and shipments efficiently.

Sales and CRM

• CRM Capabilities
  CRM capabilities are integrated to streamline & optimize the business processes associated with customer management.
• Customer Management
  It involves tracking & managing customer information, transactions, & interactions to streamline billing, payments, &
• Loyalty Program
  Tracks and manages rewards or incentives given to customers for their continued business.
• Order Management
  Handles the processing, tracking, & fulfilment of customer orders, thereby integrating them with inventory & financial
• Quotation & Estimates
  Offers detailed price estimates to clients before finalizing sales, while estimates offer preliminary cost projections.
• Sales Management
  It consists of tracking sales transactions, managing customer accounts, and generating reports on sales performance.

Financial Management

• Budgeting & Forecasting
  Provides AI-driven forecasting, variance insights, and financial planning tools for accurate budget management.
• Revenue Management
  Automates subscription, usage, and deferred revenue recognition with audit-ready schedules and real-time accuracy.
• Cash Flow Management
  Provides real-time cash visibility, projections, inflow/outflow analysis, and liquidity monitoring.
• Net Worth Management
  Monitors assets, liabilities, and equity changes to provide accurate business net-worth reporting.
• Cash and Bank Management
  Centralizes bank accounts, balances, inflows, outflows, and reconciliation for complete cash visibility.
• Financial Planning & Analysis
  Offers forecasting, variance tracking, and scenario modeling to support strategic financial decisions.
• Fund Accounting
  It is a method of segregating resources into self-balancing sets of accounts, or funds, according to their intended use or
• Fund Planning
  Defined as a process of forecasting & managing the inflows and the outflows of cash.

Integrations Supported

• Import / Export Management
  Allows bulk data imports and exports to synchronize financial data across tools while maintaining accuracy.

Analytics and Reporting

• Financial Accounting and Reporting
  Generates GAAP-compliant financials, audit trails, and dimensional reports with real-time insights.
• Profit Centers
  Enables dimensional reporting across departments, entities, or cost centers for profit and performance analysis.
• Profit & Loss
  Generates detailed P&L statements with dimensional insights and drill-downs into revenue and expense drivers.
• Audit Management
  Provides complete audit trails, change logs, reconciliations, and compliance-ready documentation.
• Gross Profit
  Calculates and reports gross profit across products, customers, or entities with real-time insights.
• Ratio Analysis
  Provides automated financial ratios for liquidity, profitability, and efficiency benchmarking.
• Net Profit Management
  Tracks net profitability with detailed revenue, cost, and expense breakdowns across multiple dimensions.
• Financial Statement Generation & Analysis
  Produces audit-ready financial statements with drill-down analytics for deeper financial understanding.

Administrative Features

• Admin Controls
  Provides granular role-based permissions and secure access controls for managing sensitive financial data.
• Backup & Restore
  A process of creating a copy of data (backup) to prevent data loss and retrieving that data (restore) to recover the system to
• User Access Management
  Ensures secure user roles, permissions, and access rules across finance teams and external auditors.
• Ledger Scrutiny
  AI verifies entries, flags anomalies, detects inconsistencies, and supports fast and clean ledger reviews.
• Facility Management
  Refers to the tools used to track and manage the operational costs, maintenance, and usage of physical assets or facilities.
• Self Service Portal
  Allows users to access and manage their financial information independently, including viewing reports, submitting invoices, and