Reconciliation

Bank Statement Reconciler

Automatically match transactions across bank accounts and ledgers. Detect discrepancies, flag anomalies, and generate audit-ready reconciliation reports in seconds — not days.

bank.csv + ledger.xlsx → reconciliation_report.pdf
99.7% Match RateAudit-ReadyMulti-CurrencyExcel Export
5 days → 4 hrs
Month-end close time
99.7%
Auto-match accuracy
10K+
Reconciliations run
95%
Time saved on matching
Why automate?

Manual reconciliation vs. automated

Staring at spreadsheets, checking off transactions one by one — there's a better way.

Manual Reconciliation

Print bank statements and tick off transactions line by line
Hours — sometimes days — for a single month-end close
Human errors: missed entries, duplicate matches, transposed figures
Hard to audit: no central record of who matched what and when
Scales linearly: more accounts mean proportional headcount increases
Inconsistent matching criteria across different staff members

Reconciler

Upload bank CSV and ledger — get matched results in seconds
Month-end close compressed from 5 days to 4 hours
99.7% auto-match rate with intelligent fuzzy matching for near-matches
Every match logged with score, timestamp, and full audit trail
Handles hundreds of accounts simultaneously — no extra staff needed
Consistent matching logic applied uniformly across all transactions
Capabilities

Key features

Intelligent Auto-Matching

AI-powered matching engine that handles exact matches, fuzzy matches, date proximity matches, and amount variations. Configure matching tolerance per account.

Exception & Flag Management

Automatically flags unmatched items, partial matches, and anomalies. Review exceptions in a dedicated workflow — approve, override, or investigate.

Multi-Source Data Import

Import bank statements as CSV, PDF, or Excel. Upload ledgers from accounting systems. Normalises different formats into a unified matching view.

Audit-Ready Reports

Generate comprehensive reconciliation reports with full audit trail. Every match includes the matched pair, score, timestamp, and any adjustments made.

Export & Integration

Export matched results to Excel, CSV, or PDF. Integrate with accounting systems via API. Push reconciled transactions directly into your general ledger.

Further Processing

Re-run matching on previously unmatched items with refined criteria. The further-processing engine attempts new matches while preserving existing results.

Workflow

How it works

1

Upload Files

Upload bank statement CSV/PDF and your ledger export. The system normalises formats, parses transactions, and prepares them for matching.

2

Engine Matches

AI matching engine runs exact and fuzzy algorithms. Date proximity, amount tolerance, and reference analysis combine for maximum match coverage.

3

Review Results

Review matched pairs, investigate flagged exceptions, and handle unmatched items. Drill into any match to see the rationale.

4

Export & Close

Export the final reconciliation report as PDF, Excel, or CSV. Full audit trail included. Archive or push to your accounting system.

Who benefits

Built for finance teams and accountants

For Finance Professionals

  • Accountants close books in hours instead of days — reclaim weekends
  • Auditors generate reconciliation reports with full audit trails in seconds
  • CFOs get real-time visibility into reconciliation status across all accounts
  • Finance managers focus on exceptions and anomalies instead of line-by-line checking
  • Book-keepers handle multiple clients simultaneously with consistent results

For Organisations

  • Banks reconcile hundreds of nostro/vostro accounts across multiple currencies daily
  • Microfinance institutions automate branch-level reconciliations with central oversight
  • Accounting firms scale client reconciliation work without proportional hiring
  • Corporations streamline inter-company reconciliations across subsidiaries
  • Regulatory teams produce audit-ready reconciliation packs for examiners
Applications

Common use cases

Month-End Close

Reconcile all bank accounts against the general ledger at month end. Reduce close time from days to hours with automated matching and exception handling.

Multi-Account Reconciliation

Manage reconciliation across dozens of bank accounts, subsidiaries, and currencies from a single dashboard. Consistent matching rules applied everywhere.

Inter-Company Matching

Reconcile transactions between related entities. Match inter-company transfers, loans, and settlements with cross-ledger visibility.

Audit Preparation

Generate complete reconciliation packs for external auditors. Full match history, exception logs, and adjustment trails all in one export.

Daily Transaction Matching

Run daily reconciliations to catch discrepancies early. Automated alerts for unmatched or suspicious transactions within hours of occurrence.

Regulatory Reporting

Produce reconciliation reports that meet central bank and regulatory standards. Structured outputs ready for submission to examiners.

Stop ticking. Start closing.

Start with our Free plan — 5 bank statement reconciliations included. No credit card required.