India, June 24 -- Despite rapid advances in enterprise AI, one of corporate finance's most critical functions remains surprisingly manual.

Financial reconciliation, the process of matching internal accounting records with external documents, such as invoices, purchase orders and bank statements, is still largely driven by spreadsheets and human verification.

For enterprises processing millions of transactions, it often means weeks of manual work before finance teams can confidently close their books.

Bengaluru-headquartered OneCap believes AI can finally automate that process, helping businesses detect discrepancies long before they become expensive write-offs. It was founded by Sandeep Nambiar and Gururaj Laxmayya, who have worked acr...