Costly manual reconciliation
Finance teams spend hours every week manually reconciling bank statements with the accounting system — a repetitive process that consumes valuable time.
Expert service · Finance
Automate bank reconciliation and gain
Automate bank reconciliation and gain
full treasury visibility
We connect your banks with your accounting system and automate the entire process: statement receipt in all formats, reconciliation and real-time treasury management. Over 90% automatic from the first month.
The problem
Manual reconciliation is costly, slow and error-prone
Manual statement downloads
Logging into each online banking portal, downloading the statement, importing it into the system — multiplied by the number of accounts and banking institutions.
No cash visibility
The treasury position is not updated in real time. Financial decisions are made with data from the previous day or several days ago.
Multiple banks without unified view
Companies with several banking institutions manage each account separately, without a consolidated view of the group's total cash position.
Our solution
90%+ automatic reconciliation from the first month
We automate the entire treasury cycle: from receipt of bank statements to reconciliation with the accounting records and real-time cash position management.
Receipt of standard 43 and other formats
Automatic capture of statements in standard 43, MT940, CAMT.053 and any banking format. No manual downloads, no team intervention.
90%+ automatic reconciliation
Intelligent reconciliation rules that automatically match over 90% of bank transactions with accounting entries from the first month of operation.
Real-time cash position
Treasury dashboard updated in real time with the consolidated position across all accounts and banking institutions.
Liquidity forecasting
Short and medium-term treasury projections based on expected receipts and payments to anticipate liquidity pressures.
Integrated multi-bank
Centralised management of all banking institutions with a unified view of the overall cash position of the business group.
ERP/accounting integration
Bidirectional synchronisation with your ERP or accounting system so that entries are generated and balanced automatically.
Implementation
Operational in less than 4 weeks
Diagnosis
We analyse the transaction volume, banking institutions and current accounting system to design the optimal solution.
Bank connection
We configure the automatic receipt of statements from all banking institutions. This process takes approximately one week.
Reconciliation rules
We define and configure automatic reconciliation rules tailored to the specific accounting scenarios of your company.
Training and go-live
We train the finance team and provide support during the first weeks of operation until the team is fully confident with the new workflow.
Who it is for
For finance departments that want to reclaim their time
Departments with a heavy manual workload
Finance teams that spend hours each week reconciling statements and want to dedicate that time to higher-value analysis.
Multi-bank companies
Organisations working with several banking institutions that need a centralised and up-to-date view of their cash position.
CFOs who need visibility
Finance directors who need real-time treasury data to make strategic decisions.
Multi-entity business groups
Groups with several legal entities that need to consolidate the group's treasury position in a single dashboard.
High transaction volume
Companies with hundreds or thousands of monthly bank transactions where manual reconciliation is impractical or very costly.
Undergoing financial digitalisation
Companies in the process of digitally transforming their finance function who want to eliminate manual processes and gain efficiency.
Frequently asked questions
We answer your questions
What is standard 43?
Standard 43 is the format defined by the Spanish Banking Association (AEB) for exchanging bank statement information. It allows account movements to be received in a structured format that accounting systems can process automatically. It is the native format used by most Spanish banks for transferring statement data.
How many banks does it support?
The solution is compatible with all banks operating in Spain and supports multiple banking institutions simultaneously. We support standard 43, MT940, CAMT.053 and other standard formats, as well as direct connections with the main Spanish banks.
How long does implementation take?
The usual process takes between 2 and 4 weeks. During the first week we connect the bank data sources, during the second we configure the automatic reconciliation rules, and during the third and fourth weeks we train the finance team and fine-tune the system with real transactions.
What happens with transactions that are not reconciled automatically?
Transactions not automatically reconciled are placed in a manual review queue with all available information to facilitate reconciliation by the finance team. The system learns from manual reconciliations to improve the automation rate over time.
What is the price of the service?
The price depends on the transaction volume, the number of banking institutions and the level of integration required. We offer a free diagnosis to evaluate your specific case and prepare a proposal tailored to your real needs.
Talk to us
Is your finance team losing hours on reconciliations?
We'll call you to analyse your situation and calculate how much time and money you can save with automation.