Account reconciliation

Stronger controls. Less manual work.

Every close cycle, your team manually matches balances across systems and ledgers — checking what's been reconciled, what hasn't, and hoping nothing falls through the cracks. Automate the matching, certify the balances, and close with confidence that every account has been checked.

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Weeks, not months

One of our fastest implementations — low effort, fast ROI

Same platform

Runs alongside consolidation on OneStream, Oracle EPM, or Tagetik

Audit-ready

Full trail of what was reconciled, by whom, and when

The problem

You know which accounts need reconciling. You just can't prove they all got done.

Every finance team reconciles accounts. The question is how. Most teams we meet are doing it in spreadsheets — comparing balances across subsidiary ledgers and the general ledger, investigating discrepancies, recording adjustments, and tracking what's complete through email or a shared tracker.

It works until it doesn't. An account gets skipped. A mismatch goes uninvestigated. The auditor asks for evidence that a specific balance was reconciled and nobody can produce it quickly. The process itself is fine — it's the visibility, the controls, and the documentation that are missing.

Account reconciliation isn't complicated. But doing it professionally — with automation, certification, and audit trails — transforms it from a manual task into a controlled process.

Automated matching

System matches transactions across systems — you investigate the exceptions, not the routine

Certification workflows

Every account signed off by the right person, with documented approval

Close task management

Track every reconciliation task — what's done, what's pending, what's overdue

Full audit trail

Every reconciliation documented — who checked it, when, and what they found

Variance analysis

Discrepancies flagged automatically with supporting detail for investigation

One partner, every module

Consolidation, planning, disclosure, reconciliation — supported by the same team across the full platform

Balance sheet reconciliations

Systematic comparison of account balances across subsidiary ledgers and the general ledger. The platform identifies differences, flags exceptions, and tracks resolution — so every balance is verified before close.

Transaction matching

Automated matching of high-volume transactions — bank reconciliations, intercompany balances, subledger to GL. Intelligent matching rules handle the routine, your team handles the exceptions.

Certification & sign-off

Structured workflows where account owners certify their reconciliations are complete and accurate. Formal sign-off with documented evidence — not an email saying "done."

Close task management

Every task in the close cycle — not just reconciliation — tracked in one place. Assignments, deadlines, dependencies, and status. You see exactly where you are in the close at any point.

Journal entry creation

When reconciliation uncovers discrepancies that need correcting, the platform generates adjusting journal entries directly — with full documentation of why the adjustment was made.

Risk-based dashboards

Not every account carries the same risk. Dashboards show reconciliation status weighted by materiality and risk — so you focus attention where it matters most, not just where it's overdue.

Step 1

Scope & design

Which accounts, which entities, what matching rules, what certification workflows

Step 2

Configure & connect

Set up the reconciliation module, connect to your trial balance and source data

Step 3

Test & validate

Run reconciliations against a real period, validate matching rules and workflows

Step 4

Go live

Your team runs the first live reconciliation cycle with our support alongside

Load the data

Trial balance loaded

Data typically arrives from your ERPs. On the platforms we support, reconciliation begins as soon as the trial balance is loaded — changes reflect in consolidated results immediately.

Reconcile the accounts

Accounts matched and reconciled

Balances matched, exceptions investigated, adjustments recorded, certifications completed. The close task manager tracks progress across all entities and accounts.

Use the data

Clean data into consolidation

Reconciled, verified balances feed into the consolidation process. Your consolidated numbers are built on data you've already checked — not data you're hoping is right.

For the Group Accounting Manager

Know where you are in the close

Instead of chasing people to ask if their reconciliations are done, you see a dashboard. Green, amber, red — across every entity and every account. You manage by exception instead of managing by email.

For the Finance Team

Spend time investigating, not matching

Automated matching handles the routine transactions. Your team focuses on the exceptions — the mismatches that actually need investigation and judgement. Less repetitive work, more meaningful work.

For the Auditor

Evidence that's already there

When the auditor asks "was this account reconciled?", the answer is a click — not a search through email and shared drives. Full audit trail: who reconciled it, when, what they found, and who approved it.

Natural next step

Financial Consolidation & Close

Clean, reconciled data is the foundation for reliable consolidation. Many clients start with reconciliation and extend to full consolidation on the same platform.

Look forward

Planning & Forecasting

Once you trust the actuals, use them. Planning connects your verified, reconciled data to rolling forecasts and scenario models.

Stay supported

Managed Services & Support

After go-live, we stay with you — close cycle support, new accounts, new matching rules, and ongoing optimisation as your reconciliation scope grows.

FAQ

Common questions about account reconciliation

This is often the first service clients implement with us. Here's what people ask when they're evaluating it.

The boring answer is - it depends. Implementing automated account reconciliation software typically takes a few weeks to a few months, depending on number of ERP integrations, data quality and complexity needed for the logic to make the automatic reconciliation happen efficiently.

Account reconciliation is essential for ensuring financial accuracy, detecting fraud, and maintaining reliable, up-to-date financial records. Another upside is that the implementation can allow companies to reduce reconciliation time from days to hours. Automated systems can handle over 90-95% of transaction matching, with AI-driven tools enabling rapid deployment and immediate improvements.

No, our technology partners can connect to most ERP systems. However, account reconciliation is a process that relies on the accuracy of your system's data and configuration, especially if you are changing structural settings like account definitions, vendor, or customer setups. Sometimes it does require some work in the underlying sources.

It varies, but some examples from a balance sheet reconciliation:
1. Compare the trial balance with the general ledger account.
2. Correct any differences between the trial balance and general ledger.
3. Compare the general ledger account with the detailed subsidiary ledger.
4. Investigate discrepancies to determine the source.

That's our goal. We want someone from your team to be part of the project to learn the solution and ultimately be able to manage future changes like adding new accounts and update the rules and logic for reconciliation.

Get started

Ready to talk?

30–45 minutes, digital or on-site — no commitment. Tell us what’s keeping your finance team up at night and we’ll tell you honestly whether we can help.

Book a meeting Or mail us directly

We are based in Oslo, but projects can be delivered remote or onsite at your place.

Stronger controls. Less manual work.