Bank Reconciliation Automation

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Match bank transactions with internal records automatically to speed up reconciliations and reduce discrepancies.

85%
Reduction in processing time
99.8%
Accuracy in financial operations
Connectors
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Teams

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Features

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More on this automation

This automation imports bank transactions and compares them to ERP or accounting entries to highlight matches and variances. It improves close speed and audit readiness.

Integrates with bank feeds, accounting systems, and reconciliation tools. The workflow includes transaction import, rule-based matching, exception tagging, and report generation.

Finance teams can reconcile accounts daily, reduce manual work, and ensure accurate cash reporting.

Eliminate manual data entry with AI-powered document processing and validation.
Gain real-time visibility into financial operations with automated reporting and notifications.
Enhance compliance and reduce risk through consistent application of financial controls.
Implement now
“Minimizes risk and saves up our time!”
Mario Nasser
Head of FP&A

About Abstra

Abstra is a Python-based workflow engine to design and manage custom business processes with no overhead, powered by AI. Merge automated tasks with manual reviews, gain real-time insights into operations, and track history with logs & git-friendly versioning.