Our system is able to process bank statements from any bank in the world, and in terms of data protection, this is currently the most secure solution. We do not store the bank statement anywhere; we only use the data during the bank reconciliation process, and afterwards the system deletes the data from memory.
Bank Import
- Can be applied to both outgoing and incoming invoices
- Capable of automatically reconciling payment statuses of invoices
- If automation fails, invoices can be saved manually to individual bank transactions; moreover, the system's AI engine learns and recognizes possible discrepancies and special cases
- Can upload Excel, CSV, and bank-specific files (e.g., .stm format mt940 file)
- The system intelligently tries to identify what data can be in each field, but if it fails to find it, it can be manually provided and override the system's decision