_6047_c.png)
As digital transformation accelerates, many enterprises continue to rely on manual processes when handling delivery notes, invoices, and monthly statements—leading to data fragmentation, labour-intensive workflows, and frequent reconciliation inaccuracies. To help organisations streamline financial operations and improve transparency, Wellchange Holdings Company Limited (WCT) announced that it will launch PayTally AI, an intelligent reconciliation platform, in Q4 2026.
Challenges in Traditional Reconciliation Processes
1. High document volume and heavy month-end workload
- Daily operations generate large quantities of documents requiring manual verification.
- At month‑end, finance teams often face significant workload pressure.
2. Inconsistent document submission and incomplete data
- Paper-based delivery notes are prone to late submission, missing pages, or loss.
- Incomplete information leads to reconciliation errors and additional follow‑up time.
3. Document discrepancies causing errors or duplicate payments
- Without timely cross-checking, mismatches among delivery notes, invoices, and statements can lead to missing entries, incorrect charges, or duplicate payments—impacting both financial accuracy and supplier relationships.
PayTally AI: Enhancing Accuracy and Transparency Through Automation
Mr. Shek Kin Pong, Chairman and Chief Executive Officer of WCT, stated:
“PayTally aims to provide enterprises with a smarter, more reliable document management workflow. By applying AI-driven data extraction and matching, the system reduces manual workload while improving the accuracy and integrity of financial information.”
Key Features
1. Mobile capture with automated data extraction
Users can simply take a photo of the document; PayTally AI will automatically extract supplier names, dates, amounts, and other key fields—significantly reducing manual entry.
2. Intelligent matching of delivery notes and monthly statements
The system automatically compares delivery records with monthly statements, clearly highlighting mismatches or missing items.
3. Secure cloud storage and multi-department access
All documents are encrypted and stored in the cloud, with export options in Excel and PDF.
Departments can access the latest data instantly, enhancing collaboration and supporting audit requirements.
About Wellchange Holdings Company Limited (WCT)
WCT is committed to providing innovative, scalable, and high‑efficiency digital solutions for enterprises, covering management systems, automation tools, and SaaS platforms. PayTally—along with WCT’s BeautyCharm and intelligent booking platforms—represents a major step in the company’s continued investment in enterprise digitalisation. WCT will continue to develop intelligent tools that help organisations enhance operational efficiency.
.jpeg)
.jpeg)
