Reconciliation Playbook: From Bank Files to GL in Hours, Not Days

The Challenge

Manual reconciliation is error-prone, time-consuming, and delays month-end close. Exception handling is reactive and lacks visibility.

Key Takeaways

• Automated matching of bank outcomes to ERP payouts reduces reconciliation time by 90%
• Exception workflows route returns, NSFs, and discrepancies to the right teams automatically
• Real-time ledger sync keeps GL up-to-date without manual journal entries
• Immutable evidence vault captures every state change for audit compliance
• NetSuite, SAP, and Oracle integrations enable seamless GL export