Banking & Reconciliation

Reconcile Accounts in Minutes, Not Days

Connect all your bank accounts, let AI match transactions to your ledger, and close reconciliation in minutes instead of days. Workisy gives your treasury team real-time cash visibility, intelligent exception handling, and rolling forecasts — so you always know exactly where your money is.

Banking Reconciliation
March 2026

847

Matched

23

Unmatched

12

Pending

Reconciliation Progress

0%
847 of 882 transactions matched35 remaining

Transaction Matching

Matched
Bank Statement

ACME CLOUD SVC - ACH

-$18,750.00Mar 15
Book Entry

Acme Cloud Services - Monthly

$18,750.00AP-4821
Matched
Bank Statement

PAYROLL - WIRE 03/14

-$142,680.00Mar 14
Book Entry

Bi-weekly Payroll Run #6

$142,680.00PR-2026-06
Unmatched
Bank Statement

DEPOSIT - TRF 9847

+$24,500.00Mar 13
Book Entry

Features

Powerful Capabilities, Built for Scale

Every tool you need to run a world-class operation, from day one to enterprise scale.

Multi-Bank Connectivity

Connect unlimited bank accounts across institutions via secure API feeds, SFTP statement imports, or manual upload. Balances and transactions sync automatically throughout the day for a consolidated cash view.

AI-Powered Auto-Matching

Machine-learning algorithms match bank transactions to ledger entries using amount, date, reference, and payee signals. Matching accuracy improves over time as the system learns from your corrections.

Exception Management

Unmatched items surface in a prioritized work queue with suggested actions — create a journal entry, flag as bank error, or mark as reconciling item. Resolve exceptions in clicks, not hours.

Real-Time Cash Position

A live dashboard aggregates balances across all bank accounts, currencies, and entities. See available cash, pending inflows, and committed outflows at a glance for smarter treasury decisions.

Cash Flow Forecasting

Combine bank balances with scheduled AP payments, expected AR collections, payroll runs, and loan repayments to generate rolling 13-week and 12-month cash-flow forecasts updated daily.

Bank-Level Security

All bank connections use 256-bit encryption and OAuth 2.0 authentication. Statement data is encrypted at rest and in transit. Role-based access ensures only authorized users see sensitive financial data.

Inter-Account Transfers

Initiate and track inter-company or inter-account fund transfers from within Workisy. Matching entries on both sides are created automatically, eliminating manual reconciliation of internal movements.

Reconciliation Reports

Generate bank reconciliation statements, outstanding check reports, and cash-position summaries at any point in time. All reports are audit-ready with drill-down to matched transaction pairs.

How It Works

Up and Running in Three Simple Steps

1

Connect & Import

Link your bank accounts through secure API integrations or upload statements in MT940, BAI2, OFX, or CSV format. Transactions flow into Workisy automatically on the schedule you choose — hourly, daily, or on demand.

2

Match & Resolve

The AI engine matches bank transactions to your ledger entries instantly. Review suggested matches, approve in bulk, and resolve exceptions using guided workflows — completing reconciliation in minutes.

3

Report & Forecast

Generate bank reconciliation statements with a click, review your real-time cash position across all accounts, and use the rolling forecast to plan upcoming payments and investments with confidence.

Results That Speak for Themselves

Measurable Impact on Your Business

Up to 85%

Faster Reconciliation

Up to 95%

Auto-Match Rate

Up to 60%

Better Cash Visibility

FAQ

Frequently Asked Questions

Ready to See It in Action?

Book a personalized demo and discover how Workisy can transform your operations in weeks, not months.