Automatically identify and resolve discrepancies between your bank and bookkeeping statements.
Save hours of manual work and ensure 100% financial accuracy.
See how ReconcileIQ transforms your workflow in 30 seconds
Lightning Fast
Reconcile 10,000 transactions in just 2 seconds
Massive Time Savings
Reduce 10 hours of manual work to mere seconds
100% Accuracy
Eliminate human error in bank reconciliation
Cost-Effective
Save compared to £60-£120/hour manual services
Why Bank Reconciliation Matters
For businesses, fully reconciling bank accounts is not just good practice—it's a requirement.
Mistakes in bookkeeping can lead to significant discrepancies between your bank statement and financial records.
Traditional reconciliation is like finding a needle in a haystack. Accountants typically charge £60-£120 + VAT per hour
to manually match thousands of transactions—a process that can take days or even weeks.
ReconcileIQ eliminates this pain, delivering instant, accurate reconciliation.
10 hours
Manual Reconciliation
2 seconds
With ReconcileIQ
See ReconcileIQ in Action
Smart Transaction Matching
Our proprietary reconciliation engine delivers perfect matching accuracy across millions of tested transactions.
No more searching through endless spreadsheets to find matching entries. ReconcileIQ does the heavy lifting for you.
Resolves complex timing discrepancies and recording delays
Intelligently matches batched vs. individual transactions
Instantly identifies and flags genuine discrepancies
Instant Reconciliation Reports
Generate detailed reports showing matched transactions, unreconciled items, and potential discrepancies at the click of a button.
Export clean, professional reports for your records or share directly with clients and stakeholders.
Multiple Excel export formats with customisable fields
Comprehensive audit trail for compliance requirements
White-label branding options for accounting firms
How It Works
1
Upload Statements
Simply upload your bank and bookkeeping statements in any common format (CSV, Excel)
2
Instant Analysis
Our complex algorithm compares statements line by line in seconds
3
Identify Discrepancies
Receive a detailed report of mismatches for quick resolution
Why ReconcileIQ Stands Alone
The Automation Your Accounts Software Needs
Automates reconciliation for Xero, QuickBooks, and more
Matches 10,000 transactions in 2 seconds
Resolves complex discrepancies effortlessly
As a senior bookkeeper, I’ve relied on tools like Xero and QuickBooks for years—they’re brilliant for categorising transactions, but when the bank and book balances don’t tally, the real slog begins. Their built-in reconciliation tools for mismatches are mostly manual—slower than exporting to Excel, using lookups, and ticking off matches. ReconcileIQ steps in here, fully automating the comparison of bank and bookkeeping statements. It matches up to 10,000 transactions in just 2 seconds with perfect accuracy, resolving discrepancies like timing issues and batched payments—no manual effort required.
Perfect Pairing: Enhances Xero, QuickBooks, and more with unmatched automation.
Built for Bookkeepers: Crafted from 4 years of practice experience to solve real reconciliation pain points.
ReconcileIQ supercharges your accounts software after categorisation is done. When balances don’t align, it processes 10,000 transactions in 2 seconds—far beyond what Xero or QuickBooks can do alone with their manual tools. It resolves batched payments and timing differences without manual tweaks, integrating seamlessly with your workflow. Built from 4 years of practice, it’s the automation layer your software’s been missing.
"ReconcileIQ has completely transformed how I handle my business finances. What used to take me an entire weekend now takes seconds. I can't believe I waited so long to try it!"
Mark Stephens
Accountant at FX Partners
"As an accountant handling multiple client accounts, ReconcileIQ has been a game-changer. I've been able to take on 40% more clients without hiring additional staff. The ROI is unquestionable."
Rachel Lewis
CFO, Tech Innovations Inc.
"Our finance team used to spend days on reconciliation every month. With ReconcileIQ, we've automated 95% of the process. The precision and speed are remarkable, and my team can now focus on more strategic financial analysis."
Get started in minutes with our intuitive interface. Just register with an email and password, verify, and then you're good to go! Reconcile your entire portfolio in minutes.
Time Savings
Automate tedious tasks and reclaim valuable hours. Let our software do the work for you while you focus on your business. Impress your accountant with immaculate records!
Your Data, Secured
We encrypt your sensitive statements in transit and at rest, decrypting only for reconciliation and securely deleting immediately after. The whole process takes seconds - fully GDPR compliant.
Reclaim Your Time & Peace of Mind
Imagine a world where your bank reconciliations are handled in seconds, freeing you to focus on what truly matters.
No More Endless Hours
Say goodbye to endless manual matching. Reclaim time to innovate and grow your business.
Confidence in Every Transaction
Rest easy knowing every transaction is accurate. Avoid costly errors and audit stress.
Before vs. After
Before
Manual reconciliation: time-consuming and error-prone.
After
Automated reconciliation: fast, accurate, and stress-free.
Frequently Asked Questions
How secure is my financial data?
We take security extremely seriously. Your data is encrypted both in transit and at rest using bank-level security. We only decrypt it temporarily during processing and delete it immediately afterward. ReconcileIQ is fully GDPR compliant and we never store your financial data longer than necessary.
What file formats do you support?
ReconcileIQ supports all common financial file formats including CSV, Excel (XLSX, XLS), and direct imports from many accounting systems. If you have a specific format requirement, please contact us as we're constantly expanding our compatibility.
How accurate is the matching algorithm?
Our proprietary reconciliation engine delivers perfect matching accuracy across millions of tested transactions. The system intelligently resolves the most complex reconciliation challenges—handling batched payments, multi-part transfers, timing discrepancies, and inconsistent merchant descriptions without manual intervention. In the rare instance where additional context is needed, the intelligent suggestion system analyses transaction patterns to present the most probable matches, turning even complex reconciliation scenarios into one-click decisions.
What happens if I exceed my monthly transaction credits?
If you exceed your monthly transaction credits, you'll be notified and given options to either upgrade to a higher tier or purchase additional credits as needed. We never charge you automatically - you're always in control of your subscription.
How does ReconcileIQ integrate with my existing accounting software?
ReconcileIQ works alongside all major accounting systems including QuickBooks, Xero, Sage, FreshBooks, Pandle and more. You can easily export statements from your accounting software and import them into ReconcileIQ. For Enterprise and API clients, we offer direct API integrations with many popular accounting platforms.
