Overview

Reconciliation is the work of confirming that the money you expected to receive actually arrived, and then telling the rest of your business the payment is settled. Done manually, it means logging into the bank, scrolling through transfers, and updating another system by hand — slow, error-prone, and a poor use of anyone's time.

Reconbanker automates that loop. See Reconciliation for how the matching logic works.

The big picture

   Your bank                  Your system
       │                           │
       │ (Reconbanker logs in      │ (Reconbanker fetches the
       │  and reads transactions)  │  list of pending payments)
       ▼                           ▼
                Reconbanker
                    │
                    │  matches transactions to payments
                    ▼
            Result + webhook ──► your back office

Two ways to use it

Every account in Reconbanker runs in one of two modes:

• Reconcile — the default. Reconbanker matches transfers against the payments you are expecting.
• Passthrough — Reconbanker skips matching and forwards every transfer to your webhook.

See Operation modes for how to choose.

Next

• Accounts and banks
• Reconciliation
• Operation modes