Bank Reconciliation
Automated reconciliation solutions
How it works
- Ingest: Import bank statements (CSV/API) and GL extracts; normalize currencies and formats.
- Match: Rule‑based matching with confidence scores; fuzzy matching by amount, date, reference.
- Exception handling: Queue unresolved items for review; assign owners, comments and approvals.
- Sign‑off & export: Generate reconciled and unresolved reports with audit trail.
Integrations
Supports multi‑bank inputs and popular ERPs (Sage, QuickBooks, Xero, Dynamics) via CSV/API.
Controls & Security
- Role‑based access and approvals
- Change logs and evidence packs
- Data retained per your policy
Deliverables
- Reconciliation rules & workflow
- Exception dashboard & reports
- Implementation guide & user training
FAQs
How long to implement? A pilot can run in 2–4 weeks with one bank and one ledger entity; full rollout depends on the number of accounts and entities.