Bank & Ledger matching
The number has to tie to the bank.
Bank credits matched to settlement advices at UTR level, and supplier and customer ledgers reconciled against your books including inter-company. Unapplied receipts and open items isolated automatically, so close is a review rather than a hunt.
What it does
Bank reconciliation
Bank credits matched to settlement advices at UTR level, with unapplied receipts isolated.
Supplier ledgers
Vendor statements reconciled against your books, with disputes and open items surfaced.
Customer ledgers
Receivable ledgers matched against collections and settlements across channels.
Inter-company
Inter-company balances reconciled across entities on one data model.
Unapplied receipts
Money received but not yet matched to an invoice, isolated for action.
Close-ready
Every figure traceable to source, so your close pack is a review not a rebuild.
Questions
Does it write to our ERP?
Read-only by default. ERP write-back is available in enterprise deployments, scoped in your agreement.
Multi-entity?
Yes. Multiple entities and inter-company reconciliation run on one data model with one audit trail.
How current is it?
Continuous. Balances reflect transactions as they arrive rather than a period-end snapshot.