Bank Reconciliation
Bank statements reconciled daily — not just at month-end.
Common pain points.
The recurring issues we see in this function — on every client, in every region.
Bank statements reconciled manually in spreadsheets
Unmatched and unidentified transactions pile up
Multi-bank, multi-entity reconciliation is fragmented
Reconciliation only happens at close, hiding errors and fraud longer
Key capabilities.
Configurable, composable, and consistent — built into the Record-to-Report platform.
Automated statement import
MT940, camt.053, and bank API feeds ingested on a schedule — no manual downloads.
Rule-based and AI matching
Transactions matched to GL, AP, and AR records automatically, learning patterns over time.
Exception workflow
Unmatched items routed for review with the context needed to resolve them fast.
Multi-bank, multi-entity view
Every account, every entity, reconciled and visible in one consolidated view.
What this unlocks.
Directional outcomes observed in operating deployments. Magnitude depends on workflow maturity, process design, data quality, automation scope, and user adoption.
Daily reconciliation, not monthly
Discrepancies caught the day they happen, not weeks later.
Faster close
Bank reconciliation stops being a bottleneck at month-end.
Earlier fraud and error detection
Anomalies surface in near real time instead of at period-end review.
Agents match bank lines to GL, AP, and AR transactions, learn matching patterns as they go, and flag anomalies — duplicate payments, unusual transactions — as they occur, not weeks later.
Works best alongside.
Deepen coverage across the Record-to-Report value stream.
Month-End Close
Month-end close automation — task orchestration, auto-reconciliations (bank, AP, AR, GL, intercompany), journal workflow, and close analytics.
Cash Flow Visibility
Live cash flow visibility and forecasting — bank-synced positions, direct-method forecasting, scenario modeling, and intercompany/FX transparency.
Payments
Payment automation across banks, entities, and currencies — with sanctions screening, beneficiary validation, and auto-reconciliation.
Common questions.
See the platform
work on your numbers.
Start with a 20-minute walkthrough, or model the value yourself with our Finance Transformation Value Assessment.