Period-end should take one morning, not three days
You see the gap between the bank and the ERP every morning, not on the last day of the month. Which item it comes from, who should look at it, how much of it is a real problem — all on one screen.
The bridge closes itself every morning: the gap must equal the total of unreconciled items. If it does not, data is missing, and it tells you so.
The system closes the easy part; the decisions are yours
Entries whose amount and date match are reconciled automatically. A low-confidence match stays a suggestion — so your time goes to the items that genuinely need a look.
An FX difference never misleads you
On a foreign-currency account, most of the gap comes from the exchange rate. The FX difference is calculated separately, so you see clearly how much of the gap is a real problem.
It is clear who stands behind every figure
The method, confidence and approver of every match stay on record. When an audit comes, you never have to search backwards.
Suggestions first, then a decision
High-confidence suggestions arrive pre-selected. Approve them in bulk, set aside a line you are unsure of, and turn a recurring pattern into a rule.
The gap runs both ways, and both are visible
A fee at the bank that never made it into the ledger is not the same as a collection in the ledger that never hit the bank. The two sit in separate lists, each with its own ageing.
An unmatched raw counterparty name is never linked to a similar-sounding company — a receivable posted to the wrong company would quietly stay wrong, so we keep it in the queue instead.
See the same balance sheet as your accountant
Chart of accounts codes are mapped to financial statement lines, and the mapping is tested against a real trial balance file. The difference between the balance sheet we produce and the one your accountant produces must be zero — until it is, we do not start calculating ratios.
Learn about a missing statement the same day, not at month end
If the opening balance, intraday movements and closing balance do not tie out, data is missing. Which account, which day, and what kind of gap it is are each reported separately.