Reconciliation and matching
Two or more records that should agree: a bank and a ledger, a custodian and a book, a payout and its sales. Code does the matching and the sums; the judgement is what an unmatched line is. The data checks itself, so most calls are proven.
22 workflows, 10 industries.
Proven by code: 22
Finance and accounting
Bank reconciliation
Which ledger entry a bank line is; why a line is unmatched
Card and payment-processor settlement reconciliation
Which sales a payout covers; fee and chargeback lines
Intercompany reconciliation
Which entries are the two sides of one transaction
Payroll reconciliation
Which payroll totals tie to GL and bank; why not
Banking and payments
Wealth, asset management and fund administration
Custody reconciliation
Each custody line's type; matches to the book
Custody break follow-up
Age, severity, NAV impact
Cash and position reconciliation, multi-custodian
Matches across custodians and the PMS
Corporate actions processing
Event type, entitlement, election
CLO trustee report tie-out
Each figure against the portfolio
Insurance
Delegated authority bordereaux reconciliation
Each risk and claim line against the binder
Broker premium statement reconciliation
Which policies a statement covers
Healthcare
Manufacturing and supply chain
Retail, hospitality and consumer
Daily takings reconciliation (tills, cards, cash, bank)
Which deposits cover which days and sites
Delivery platform payout reconciliation
Orders, commissions, refunds in each payout
Marketplace payout reconciliation (Amazon, Shopify)
Sales, fees, returns, reserves in each payout
Energy and utilities
Energy trade confirmation matching
Our trade vs the counterparty's confirmation
Renewable certificate reconciliation (REGOs, GOs)
Certificates vs generation and sales
Real estate
HR and payroll
Your version of it. On your data.
Start from the closest workflow and describe your differences.