Bank reconciliation is the quiet reason the close starts from behind: whatever wasn't tied out during the month becomes week-one archaeology. This play makes reconciliation a daily non-event instead of a month-end project.
Most teams run some version of the same morning: download the bank file, paste it next to the ledger in a spreadsheet, match what matches, and park what doesn't in a growing "to investigate" tab. The clean lines are mindless work; the odd ones — timing differences, bank fees, duplicated payments, unreferenced receipts — each need a small investigation nobody has time for mid-month.
So the odd ones wait. And at month-end, the accumulated tail of unmatched lines lands on the close's critical path, in the same week as everything else. Half of finance teams take more than a week to close, and 94% of them are living in a spreadsheet somewhere inside it — this spreadsheet is usually one of them.
Every morning the agent collects yesterday's statements across your accounts and lines them up against the ledger — no downloads, no pasting.
References, amounts, dates and agreed tolerances, applied the same way every time. The mindless 80% is matched and posted before anyone logs in.
Timing difference, bank fee, duplicate, missing reference — each unmatched line arrives pre-investigated, with the likely explanation and a suggested entry attached.
Approved entries go into the ledger under the agent's scoped credentials. Items needing someone else's input get chased automatically until they're resolved.
By month-end there is no tail. The reconciliation summary rolls straight into the close checklist, with every entry traceable to its evidence.
Read the feeds, match within tolerances, post approved entries. No payments, no transfers, no exceptions to its own rules.
Anything below the threshold your team set is a suggestion, not an action. The agent proposes; your accountant disposes.
The bucketed exceptions arrive with evidence attached, in the tool your team already uses. A queue you clear in minutes, not a tab you dread.
Every match, every posting, every approval reconstructable end to end — the trail your auditor asks for is generated as a by-product.
Unmatched lines stop queueing for month-end; the close's critical path gets shorter.
The download-paste-match morning ritual becomes governed system actions.
Your accountants review suggestions instead of building matches from scratch.
Tolerances and rules applied identically every day — no more end-of-month corrections of mid-month shortcuts.
Baselined in week one from your own event logs, re-measured in week six. The methodology is our Portfolio Process Mining framework.
One agent on your daily rec, live in six weeks, for one fixed fee — with the before-and-after measured in your own data.