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Find the best continuous reconciliation platform for your business with our list of top 9 options, designed to streamline financial processes and enhance accuracy.
The financial data you use to make strategic decisions is often weeks old, a snapshot of a moment that has already passed. This lag time, a direct result of manual month-end reconciliation, means you’re always looking in the rearview mirror. A continuous reconciliation platform changes this narrative by transforming reconciliation from a backward-looking chore into a forward-looking strategic tool. By automating transaction matching in real-time, it provides an up-to-the-minute, accurate view of your financial health. This allows your finance team to shift from historical record-keeping to providing the valuable, timely insights that guide the business forward with confidence.
If you’ve ever spent the first week of a new month hunting down mismatched transactions from the last, you know the headache of traditional reconciliation. It’s a manual, time-consuming process that happens in batches, usually monthly or quarterly. A continuous reconciliation platform flips that model on its head. Instead of waiting to reconcile your books, this software automates the process of matching financial transactions as they happen, in real-time.
Think of it as an always-on financial watchdog. These platforms connect to your various data sources—like your bank, payment processor, and ERP—and use smart technology like AI and machine learning to compare and match transactions instantly. This is especially powerful for businesses with high transaction volumes or complex financial operations where manual checks are nearly impossible. The goal is to achieve a state of continuous financial accuracy, not just a snapshot at the end of a reporting period.
By implementing this kind of system, you transform reconciliation from a reactive, error-prone chore into a proactive, strategic control. Discrepancies are flagged the moment they occur, not weeks later. This not only dramatically reduces the risk of errors and fraud but also gives you a consistently clear picture of your financial health. The result is a faster, more accurate financial close and the ability to make critical business decisions based on data you can actually trust.
If you’ve ever felt the month-end crunch, you know that traditional reconciliation is a time-consuming, manual process. It often leaves your team scrambling to match transactions and close the books, which means your financial data is already outdated by the time you see it. A continuous reconciliation platform changes that by automating the process, giving you a constant, real-time view of your financial health. This shift from a periodic, reactive task to an ongoing, proactive strategy is a game-changer for high-volume businesses. It’s not just about closing the books faster; it’s about building a more resilient, efficient, and data-driven finance function that can support your company’s growth.
Imagine making strategic decisions with financial data that’s hours old, not weeks. That’s the primary advantage of continuous reconciliation. Instead of waiting for a month-end report, you get an up-to-the-minute picture of your accounts. This allows you to spot trends, identify potential issues, and act on opportunities immediately. With accurate, timely data at your fingertips, you can make more informed choices about budgeting, cash flow management, and investments. This approach transforms your finance team from historical record-keepers into strategic partners who can provide valuable insights that guide the business forward. When the tedious manual work is automated, your team is free to focus on analysis and strategy.
Manual data entry is prone to human error—even small typos or transpositions can have a significant impact on your financial statements. Studies show that manual processes can have an error rate of up to 4%, which creates discrepancies that are difficult and time-consuming to track down. Continuous reconciliation platforms dramatically reduce these risks by automating data import and matching. The system flags exceptions for review, ensuring that every transaction is accounted for correctly. This automation not only improves the accuracy of your financial data but also builds confidence in your numbers. You can trust that your reports are a true reflection of your business performance, which is essential for internal planning and external reporting.
For any growing business, staying compliant and prepared for audits is a major priority. Continuous reconciliation turns this often-dreaded task into a manageable, everyday process. By reconciling transactions as they happen, you create a consistent and transparent audit trail. Every match, adjustment, and exception is documented automatically, so when auditors ask for information, it’s readily available. This is especially critical for meeting complex standards like ASC 606. Instead of a last-minute fire drill, you can approach audits with confidence, knowing your books are clean and your processes are sound. This transforms reconciliation from a simple accounting task into a strategic control that strengthens your company’s financial governance.
Think about the hours your team spends manually matching transactions each month. A continuous reconciliation platform can automate up to 95% of that work. By setting up intelligent rules, the system can handle the bulk of transaction matching instantly, freeing your team from tedious, repetitive tasks. This means you can reconcile accounts daily or weekly instead of waiting for the month-end rush. The result is a faster close, quicker reporting, and more time for your finance professionals to focus on high-value activities like variance analysis and strategic planning. You can schedule a demo to see firsthand how much time automation can save your team.
The manual reconciliation processes that worked for your business in its early days won’t hold up as you scale. As transaction volume increases, spreadsheets become unwieldy, the risk of errors grows, and your team gets bogged down. A dedicated reconciliation platform is built to handle complexity and volume, ensuring your financial operations can grow with your business. It provides a stable, scalable foundation that maintains accuracy and efficiency no matter how large you get. By investing in a system with robust integrations, you ensure that your financial tools can communicate seamlessly, creating a cohesive tech stack that supports your long-term goals.
Choosing a continuous reconciliation platform is a big decision, and the right one can completely transform your financial operations. While many platforms promise to simplify your close, their features and capabilities can vary widely. To find the best fit, you need to look beyond the marketing claims and focus on the core functionalities that will actually save you time, reduce errors, and provide valuable insights.
Think of it like hiring a new member for your finance team—you want someone who is efficient, detail-oriented, and works well with your existing crew. A great platform should automate the tedious tasks, give you clear visibility when issues arise, and adapt to your company's unique way of doing things. It’s not just about closing the books faster; it’s about building a more resilient and data-driven finance function. As you evaluate your options, keep an eye out for these five essential features that separate the good platforms from the great ones.
The primary goal of a reconciliation platform is to eliminate manual work. Look for a solution that can automatically import data from all your sources—bank accounts, credit card processors, sub-ledgers, and more. The real magic, however, lies in its ability to match transactions. The best platforms use intelligent, customizable rules to automatically match up to 95% of your transactions without any human intervention. This frees your team from the mind-numbing task of ticking and tying, allowing them to focus on more strategic analysis and problem-solving.
No matter how smart the automation is, there will always be exceptions—transactions that don’t have an obvious match. A strong platform won't just leave you hanging. It should provide a centralized, user-friendly dashboard to highlight these discrepancies and streamline their resolution. Look for features that allow you to easily investigate, comment on, and assign exceptions to the right team members. This creates a clear audit trail and ensures that nothing gets overlooked, turning a potential headache into a structured and manageable process.
Your business has unique processes, and your reconciliation software should adapt to them, not the other way around. A flexible platform allows you to create tailored rules and workflows that fit your specific needs. Whether it’s setting custom matching criteria for a particular payment processor or designing a multi-level approval process for high-value adjustments, customization is key. This ensures the platform supports your internal controls and operational structure, making the automation more effective and relevant to how you actually work.
A continuous reconciliation platform should do more than just balance accounts; it should turn your financial data into a strategic asset. The right solution provides real-time dashboards and on-demand reports that give you a clear view of your financial health. This access to key reports and analytics helps you spot trends, identify potential issues, and make better-informed decisions. Instead of waiting until the end of the month, you can monitor cash flow, track discrepancies, and analyze performance continuously.
Your reconciliation tool can't operate in a silo. To achieve true automation and data consistency, it must connect seamlessly with your existing tech stack. Before committing to a platform, verify its integration capabilities with your ERP, accounting software, CRM, and other critical systems. Robust, pre-built integrations ensure that data flows smoothly between platforms, eliminating the need for manual data entry and reducing the risk of errors. This creates a single source of truth for your financial data across the entire organization.
Choosing the right platform is a big decision, and the market is full of strong contenders. To help you get started, I’ve gathered some of the top continuous reconciliation platforms out there. Each one has its own strengths, so think about which features align best with your specific business needs, from the size of your company to the complexity of your financial data.
HubiFi is specifically designed for high-volume businesses that need to automate complex revenue recognition. It’s built to handle the detailed requirements of standards like ASC 606 and IFRS 15, making compliance much simpler. The platform excels at pulling together data from different systems to give you a single, accurate view of your financials in real time. This is perfect for companies that need dynamic customer segmentation and deep analytics to make strategic decisions. With seamless integrations for common ERPs, CRMs, and accounting software, it fits right into your existing tech stack. If you’re looking to close your books faster and pass audits with confidence, you can schedule a demo to see how it works.
BlackLine is widely recognized as a leader in financial close and reconciliation software. It’s a comprehensive platform that helps teams manage and automate the entire close process, from account reconciliations to journal entries and variance analysis. Users often praise it for its ability to streamline workflows and provide clear visibility into the status of every task. According to one review, it's considered the best for financial close processes, earning a high user rating for its robust feature set. If you’re part of a larger organization looking for an all-in-one solution to standardize your accounting operations, BlackLine is a powerful contender that can bring consistency and control to your month-end.
FloQast stands out for its focus on collaborative accounting. It’s designed to work with your team’s existing processes and spreadsheets, acting as a central hub to manage the close. The platform is known for being user-friendly and leverages AI to help automate reconciliations, which can save your team a lot of time. It’s particularly well-suited for teams that want to improve communication and visibility without completely overhauling their current way of working. While its pricing isn't publicly listed, it’s praised as one of the best tools for a collaborative close, making it a great option for accounting teams that need to work together seamlessly to meet deadlines.
If your business deals with particularly complex data, SolveXia is built to handle it. The platform is highlighted as being one of the best for automating intricate reconciliations that other systems might struggle with. Its strength lies in its data transformation capabilities, allowing you to pull information from various sources, clean it up, and automate matching according to your specific rules. Users report significant productivity gains because it can manage large volumes of data and complex logic without manual intervention. This makes it an excellent choice for organizations in industries like financial services or insurance, where reconciliations often involve multiple systems and non-standard data formats.
Trintech offers a flexible approach to financial reconciliation with cloud-based solutions tailored to different business sizes. For large corporations, its Cadency Platform provides a comprehensive Record to Report (R2R) system that manages every step of the financial close. For midsize companies, the Adra Suite offers a more focused set of tools for balance sheet reconciliations and transaction matching. This dual-product strategy allows Trintech to serve a wide range of customers effectively. As a well-established name in the industry, it's a strong contender among financial reconciliation solutions for businesses looking for a scalable and reliable platform.
ReconArt is known for its flexibility in handling various reconciliation and financial data matching needs. The platform is a single, all-in-one solution that can be configured for everything from simple bank reconciliations to more complex intercompany transactions. However, this flexibility comes at a price. It’s generally considered to be on the higher end of the cost spectrum and has a minimum user requirement, which may make it a better fit for larger teams. While it offers a comprehensive feature set, its cost and complexity have resulted in a more moderate user rating compared to some competitors. It’s best for organizations that need a highly customizable tool and have the budget to support it.
As Trintech’s solution for midsize businesses, Adra is designed to streamline and automate the financial close process efficiently. It’s recognized for being fast and effective at automating balance sheet reconciliations and transaction matching, helping teams close the books with greater accuracy and speed. While it’s a powerful tool for automation, some users note that it has limitations in customization and that its pricing is not transparent. Despite these points, it’s a popular choice for companies looking to move away from manual, spreadsheet-based processes. Adra is a strong option if your main goals are to streamline the close and improve team efficiency without the complexity of an enterprise-level system.
Fiserv offers a robust, enterprise-grade reconciliation solution with its Frontier platform. It’s designed to automate the entire reconciliation lifecycle, from importing and validating data to managing exceptions and generating reports. The system places a strong emphasis on risk management and compliance, providing detailed audit trails and controls to ensure data integrity. This makes it a popular choice for financial institutions and large corporations that operate in highly regulated environments. While it’s a powerful and comprehensive tool, its focus on the enterprise market means it’s best suited for organizations with complex reconciliation needs and the resources to support a large-scale implementation.
Oracle’s Account Reconciliation Cloud is a powerful component of its broader Enterprise Performance Management (EPM) suite. It’s designed to automate and streamline reconciliations for large organizations, offering deep functionality for both transaction matching and balance sheet reconciliations. Implementing a solution like this is often described as "more art than science," as it requires careful planning to configure the system to an organization's specific needs. There are various implementation methodologies available, highlighting its flexibility but also its complexity. It’s an ideal choice for large enterprises already invested in the Oracle ecosystem or those needing a highly configurable, audit-ready reconciliation platform.
While any business with complex financials can find value in a continuous reconciliation platform, some industries feel the impact more than others. Businesses characterized by high transaction volumes, intricate revenue streams, and strict regulatory oversight stand to gain the most. If your finance team is constantly buried in spreadsheets trying to match thousands of transactions from different systems, you’re in the right place. These platforms are designed to solve exactly those kinds of headaches, turning a tedious manual process into an automated, strategic function. Let’s look at a few key industries where continuous reconciliation isn't just a nice-to-have—it's a game-changer.
For banks, insurance companies, and investment firms, accuracy isn't just important; it's the foundation of their business. These organizations process a staggering number of transactions every single day, and the smallest error can have major consequences. Continuous reconciliation is essential for maintaining operational integrity and meeting strict compliance standards like Sarbanes-Oxley (SOX). Instead of waiting until the end of the month to find discrepancies, financial services firms use these platforms to spot issues in real time. This proactive approach reduces risk, ensures financial statements are always accurate, and helps with advanced big data reconciliations that are common in the industry.
The retail world moves fast, and so does its data. With sales happening online, in-store, and through mobile apps, retailers are dealing with a constant flow of information from multiple payment gateways, point-of-sale systems, and ecommerce platforms. Add in returns, chargebacks, and gift cards, and you have a recipe for reconciliation chaos. Continuous reconciliation automates the matching of sales transactions to bank deposits, quickly flagging any mismatches. This is especially critical for businesses in the fast-moving consumer goods (FMCG) sector, where high volume and low margins mean every dollar counts. It helps protect revenue and provides a clear, up-to-date picture of cash flow.
The healthcare revenue cycle is notoriously complex, involving a web of transactions between patients, providers, and insurance payers. Reconciling payments from countless insurance plans, government programs, and patient co-pays is a massive undertaking. A single coding error or missed claim can lead to lost revenue and compliance issues. With growing transaction volumes, healthcare organizations rely on continuous reconciliation to automate the matching of claims to payments, identify underpayments, and manage denials more effectively. This ensures a healthier revenue cycle and allows staff to focus on high-value tasks instead of manual data entry.
In manufacturing, profitability hinges on tightly managing the supply chain, from raw materials to finished goods. This involves reconciling purchase orders with supplier invoices, tracking inventory movements, and allocating production costs accurately. A mismatch anywhere in this chain can distort the cost of goods sold (COGS) and lead to poor pricing decisions. By automating the reconciliation of operational data with financial records, manufacturers can maintain an accurate, real-time view of their financial health. Transitioning to a dedicated reconciliation platform helps build trust with suppliers, ensures compliance, and provides the data needed for efficient and profitable operations.
Switching to a new platform can feel like a huge undertaking, but don't let the fear of a tricky rollout stop you. Most of the common hurdles are completely manageable with a bit of planning. Let's walk through the big three challenges and how you can tackle them head-on.
Getting your historical data out of old systems and into a new platform is often the biggest source of anxiety. It’s true that implementing a new solution can be more of an art than a science. The goal is to ensure a clean transfer without losing or corrupting important information. Before you commit to a platform, map out exactly what data needs to move and confirm the new software can handle it.
A solid continuous reconciliation platform should offer robust integrations that connect seamlessly with your existing ERP, CRM, and accounting software. By following data reconciliation best practices, you can turn a tedious, error-prone process into a strategic control that supports a faster close and better decision-making.
Your team is used to doing things a certain way, and even a positive change can be met with resistance. People who have spent years wrestling with spreadsheets might be skeptical of a new, automated system. The key is to get them excited about what’s in it for them. Instead of relying on manual data entry and emailing spreadsheets, your finance and accounting teams can improve their workflows by introducing automation into a standardized process.
Focus your training on how the platform frees them from tedious tasks to focus on more strategic work. The goal isn't to replace human expertise but to enhance it. True success comes from balancing automation with human oversight, which maintains strong controls while making everyone’s job easier. For more tips, you can find helpful articles on our blog.
Staying compliant is likely a huge reason you’re considering a new platform in the first place. With growing transaction volumes and increasingly complex financial systems, it’s never been more important to get reconciliation right. You need to be confident that your new tool can handle industry-specific regulations, like ASC 606, without creating new compliance headaches.
The good news is that modern platforms are built specifically to address these challenges. They are designed to handle soaring trade volumes and complex transactions while providing the audit trails you need to prove compliance. If you have specific concerns about your industry's requirements, it's always a good idea to schedule a demo and discuss them directly with a specialist who can show you exactly how the platform will keep you on the right side of regulations.
Choosing the right platform is a huge step, but a successful rollout depends on a thoughtful implementation plan. It’s about more than just flipping a switch; it’s about setting your team up for success from day one. By focusing on a few key practices, you can ensure a smooth transition and start seeing the benefits of continuous reconciliation much faster. Let’s walk through the steps that make all the difference.
Before you even start migrating data, get crystal clear on what you want to achieve. Are you aiming to shorten your month-end close by three days? Reduce reconciliation errors by 90%? Or gain real-time visibility into cash flow? Defining these goals gives you a benchmark for success. From there, map out your new reconciliation process. Document how data will flow, who is responsible for reviewing exceptions, and what the approval workflow looks like. This isn’t about getting rid of human oversight but rather focusing it where it matters most. A well-defined process ensures that automation supports your team, making their work more efficient and impactful. You can find more tips for refining your financial operations in the HubiFi Blog.
Implementing a new reconciliation platform touches multiple parts of your business, so it’s crucial to bring key people into the conversation early. This includes your accounting team, IT specialists who will handle integrations, and department heads whose budgets are involved. Getting their input from the start helps you anticipate challenges and build a solution that works for everyone. It also creates a sense of shared ownership, which is essential for smooth adoption down the line. Think of it as a collaborative project, not a top-down directive. When your team feels heard and understands the "why" behind the change, they become your biggest advocates for a successful rollout. Our team at HubiFi believes in this partnership approach.
The old saying "garbage in, garbage out" is especially true for automated reconciliation. Your platform's success hinges on the quality of the data it receives. Before you go live, take the time to clean up your data sources and ensure they are accurate and consistent. Once your data is solid, you can confidently build out your automation rules. A powerful platform can automate the vast majority of transaction matching, freeing your team from tedious manual work. The goal is to let the system handle the high-volume, straightforward tasks so your financial experts can focus on investigating and resolving true exceptions. Strong integrations are key to maintaining this data flow and integrity across your tech stack.
A new tool can feel intimidating, especially for teams accustomed to manual spreadsheets. That's why comprehensive training is non-negotiable. Your training program should go beyond just clicking buttons; it should empower your team by explaining how the new platform makes their jobs easier and the business healthier. Cover the new workflows, how to manage exceptions, and where to find key reports. Hands-on sessions where users can work with the system in a test environment are incredibly effective. Investing in proper training minimizes frustration, accelerates user adoption, and ensures you get the full value from your new software. A great first step is to schedule a demo to see the platform in action and ask questions.
Your implementation journey doesn't end at launch. Think of it as the beginning of an ongoing optimization process. Once the system is live, keep a close eye on performance metrics. Are you hitting the objectives you set at the beginning? Where are the bottlenecks? Actively solicit feedback from your users—they are on the front lines and will have the best insights into what’s working and what isn’t. Be prepared to tweak automation rules, adjust workflows, and provide additional training where needed. This continuous feedback loop transforms your reconciliation process from a static, time-consuming chore into a dynamic, strategic asset that evolves with your business. For more ideas on financial strategy, check out the insights on our blog.
When you start exploring continuous reconciliation platforms, you’ll quickly notice that there’s no standard price tag. Pricing structures vary widely, from simple monthly subscriptions to fully customized quotes. This isn't meant to be confusing; it reflects the fact that the best solution is one that’s tailored to your company’s size, transaction volume, and specific reconciliation challenges. Some platforms offer straightforward per-user, per-month plans, which can be a great starting point for smaller teams or businesses with less complex needs.
On the other hand, many high-end platforms for larger organizations use a custom pricing model. This approach allows providers to build a solution that fits your exact requirements, which is essential when you’re dealing with unique data sources or intricate compliance rules. While this means you’ll need to connect with their sales team for a quote, it also ensures you aren’t paying for features you don’t need. At HubiFi, we believe in transparency and creating a plan that fits your business, which you can explore on our pricing page.
Beyond the subscription or license fee, it’s smart to consider the total cost of ownership. This includes one-time implementation fees, data migration costs, and any charges for training your team. A platform might seem affordable upfront, but hidden costs can add up. Ask about these during the sales process to get a complete picture of your investment. Many providers also offer free trials or personalized demos, which are fantastic, no-risk ways to test the software. Taking a platform for a spin lets you see if it’s a good fit for your team’s workflow before you make a final decision. You can always schedule a demo to see how a platform works with your own data.
Picking the right continuous reconciliation platform feels like a huge decision, because it is. This tool will become a core part of your financial operations, so it’s worth taking the time to choose wisely. The best platform isn't just the one with the most features; it's the one that fits your team, your budget, and your specific challenges like a glove. By focusing on a few key areas, you can cut through the noise and find a solution that truly supports your business goals. Let's walk through how to assess your needs, check for compatibility, and make sure you'll have the support you need to succeed.
Before you even look at a demo, start with a clear picture of what you need a platform to do. The right choice depends entirely on your business's size, transaction volume, and complexity. Are you a high-volume ecommerce store wrestling with thousands of daily transactions? Or a B2B service with complex, multi-layered contracts? Make a list of your biggest reconciliation headaches. Consider features like automation, custom rules, and reporting capabilities. Thinking about your budget is also key, so explore different pricing models to find one that aligns with your expected return on investment. This initial self-assessment will give you a clear checklist to measure each potential platform against.
A reconciliation platform can’t operate in a vacuum. For it to be effective, it needs to communicate seamlessly with the systems you already use every day. A lack of integration means you’re stuck with manual data exports and uploads, which is exactly the kind of time-consuming work you’re trying to eliminate. Look for a platform that offers robust, pre-built integrations with your ERP, CRM, payment gateways, and accounting software. Smooth data flow is non-negotiable. It ensures your financial data is consistent and accurate across your entire tech stack, giving you a single source of truth you can rely on for critical business decisions.
Even the most powerful software is useless if your team finds it confusing or difficult to use. Look for a platform with a clean, intuitive interface that makes daily tasks straightforward. A steep learning curve can slow down adoption and frustrate your team. Equally important is the quality of customer support. Implementing any new system can come with challenges, from migrating data to training your staff. Knowing you have a responsive and knowledgeable support team to help you is invaluable. Before you commit, schedule a demo to get a feel for the user experience and ask pointed questions about their onboarding process and ongoing support.
Continuous reconciliation is quickly evolving. The future isn't just about automating what you already do; it's about transforming reconciliation from a backward-looking chore into a forward-looking strategic advantage. We're seeing a clear shift away from tedious, manual processes toward systems that provide real-time control and insight. This change allows finance teams to move from simply reporting the past to actively shaping the company's future. It’s about getting ahead of issues before they impact your financials.
Future platforms will go beyond basic data matching to handle more complex scenarios, automatically flag high-risk discrepancies, and even suggest resolutions. This level of intelligence helps turn reconciliation into a strategic control that supports a faster close and better decision-making. Instead of spending weeks buried in spreadsheets, your finance team can focus their expertise on analyzing trends, identifying opportunities, and guiding business strategy. This shift makes the finance function a more valuable partner across the organization.
As businesses rely on more specialized software, the ability to connect everything becomes essential. The future is in cloud-based platforms with robust integration capabilities that can pull data from any source—your ERP, CRM, payment processor, and more—into one unified view. This ensures that no data is left behind and that your reconciliations are always based on a complete and accurate picture. A fully connected system eliminates the manual work of exporting and importing data, which is often where errors creep in.
Ultimately, the goal is to achieve true, continuous financial accuracy. Instead of waiting until the end of the month to find and fix errors, you’ll be able to see and address them as they happen. This real-time visibility not only strengthens compliance and reduces risk but also empowers you to make more agile, data-driven decisions. We'll also see a greater demand for bespoke solutions that can be tailored to a company's unique operational needs, moving away from the one-size-fits-all approach that often falls short.
Is a continuous reconciliation platform only for large, enterprise-level companies? Not at all. While large corporations with massive transaction volumes certainly need this kind of automation, businesses of many sizes see a huge impact. The real question is whether your current manual process is creating a bottleneck. If your team spends significant time each month matching transactions, or if your business is growing quickly and spreadsheets are becoming unmanageable, it’s a sign that you could benefit from a more powerful solution.
My accounting software already has a reconciliation feature. How is this different? That’s a great point. Think of the tool in your accounting software as a basic function for matching a bank feed to your books. A dedicated continuous reconciliation platform is far more powerful. It connects to all your different data sources—payment processors, sub-ledgers, CRMs—and uses intelligent, customizable rules to automate complex matches. It’s designed to handle high volumes and provides a structured workflow for investigating and resolving the exceptions that standard tools can't handle.
Will implementing this kind of automation make my accounting team obsolete? Absolutely not. The goal is to empower your team, not replace them. By automating the tedious and repetitive parts of reconciliation, you free up your skilled finance professionals to focus on more valuable work. Instead of spending their days ticking and tying transactions, they can analyze financial trends, investigate true discrepancies, and provide the strategic insights that help guide the business forward. It elevates their role from data entry to data analysis.
How difficult is it to get a system like this set up? The implementation process is more manageable than most people think, especially with a good provider guiding you. The complexity depends on your business, but the most important work happens on your end first: defining your goals and ensuring your data is clean. A good platform will have straightforward integration capabilities and a support team to help you connect your systems and train your users, ensuring a smooth transition.
What's the single most important benefit I can expect from switching? If I had to pick just one, it would be confidence. It’s the confidence that comes from knowing your financial data is accurate and up-to-the-minute, not just a snapshot from three weeks ago. This allows you to make faster, smarter decisions about your business. It also means you can face an audit without that last-minute fire drill, knowing you have a clear, documented trail for every single transaction. That peace of mind is invaluable.
Former Root, EVP of Finance/Data at multiple FinTech startups
Jason Kyle Berwanger: An accomplished two-time entrepreneur, polyglot in finance, data & tech with 15 years of expertise. Builder, practitioner, leader—pioneering multiple ERP implementations and data solutions. Catalyst behind a 6% gross margin improvement with a sub-90-day IPO at Root insurance, powered by his vision & platform. Having held virtually every role from accountant to finance systems to finance exec, he brings a rare and noteworthy perspective in rethinking the finance tooling landscape.
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