Government Royalty Reconciliation demo

Royalty accountants replay the government’s invoice well by well and term by term from their own records, and sign a dispute backed by its proof. 1:25

What the demo shows

Reconciles government invoices to volumes, prices and allowances, for royalty accountants.

One line of the invoice opens as a live equation: volume times rate times price, less allowances. The agents' replay sits under the government's, and each term opens its source. The accountant confirms a gap, the supervisor opens the same records and countersigns, and a person files.

Transcript

  1. Government Royalty Reconciliation helps royalty accountants check the government’s royalty invoice.
  2. People check 4,840 well lines by total, so a missing term gets paid.
  3. Seven agents rebuild each term.
  4. Volume, rate, price allowances.
  5. Wells feeding corn flats pay propane royalty with no allowance.
  6. A $41,280 gap.
  7. Omrit, the accountant, confirms after opening the statement and filing.
  8. Joanne, the supervisor, cannot use Omrit's openings.
  9. She opens every record and the letter herself, countersigns, and files it herself.
  10. Older Wells moved to a new royalty table.
  11. 334 pay more, 321 less.
  12. Every step is audited and agents never file.
  13. $41,280 found Signed by two people Moved to a receivable Built on Botminds Agents, data, screens and governance on one platform

Transcribed from the film’s narration. Captions are on the player.