Intelligently automate your entire process from data extraction to reconciliation and reporting with our revolutionary Trust Accounting solution. Our AI-powered system eliminates manual data entry by seamlessly processing both digital and scanned statements from major providers. It adapts to changing statement formats and handles complex multi-account data, ensuring accuracy and reducing errors. With the ability to scale across multiple plans and clients, our workflow saves up to 8 hours per plan annually—freeing your team to focus on higher-value tasks and delivering better client service.
Seamlessly extract balances, contributions, transactions, and other data from financial statements (both digital and scanned) from providers such as Charles Schwab, Fidelity, and Merrill Lynch. The workflow adapts to varying statement formats for precision and consistency.
Process thousands of pages across multiple clients and plans. The system is highly scalable, handling large volumes of data without compromising accuracy or speed, helping you manage even the most complex trust accounts effortlessly.
AI-powered reconciliation flags discrepancies in real-time, allowing for quick resolution. Customize participant-level reports in formats such as .xlsx, .csv, or .pdf to meet client-specific and regulatory requirements.
Simply drag and drop digital statements into the portal or scan and email paper documents directly to Stax·ai. The system automatically detects account and participant information.
Stax·ai intelligently extracts key financial data and populates reconciliation spreadsheets, categorizing multi-account statements and flagging discrepancies for review.
Generate participant-level reports that detail account balances, transactions, and contributions. All data is securely processed and stored, with customizable formats ready for export or audit.
Ready to transform your trust accounting process?
Request a demo today to see how we can save you time, effort, and money.