ReconcileIQ VOL. I · BANK MATCH
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Live · processing 5,000+ tx / sec Issued ISS. I · SPRING 2026

Match your bank
to your books in
seconds, not hours.

Upload a bank statement and your accounting export. ReconcileIQ matches 5,000+ transactions a second, flags every discrepancy, and pushes fixes back to Xero, QuickBooks, Sage or Pandle. One subscription covers the whole IQ Suite.

Try it now No card · free trial
★★★★★ 4.9/5 · 523 verified reviews Trusted by accountants & bookkeepers
5,000 /s Match throughput
Any format PDFs, scans, photos, CSV
6 platforms QB · Xero · Sage · Pandle · FA · YNAB
150d Invoice window
§ 00 · Demonstration

Watch it work.

Upload a messy bank statement, watch the matching engine finish in seconds, and see the reconciled entries push straight back into your accounting platform. Two minutes, live.

Fig. 01 ReconcileIQ product walkthrough · 2 min · matching engine, PDF converter, platform sync
§ 01 · The engine

Two methods.
Both included.

Two workflows, one platform. Close the month on the bank, settle the AR ledger, or both, then hand off to CodeIQ or LedgerIQ.

№ 01 Method I

Bank statement matching

Lightning-fast month-end close. Match bank transactions against your accounting ledger at 5,000+ per second. Handles batch payments, date variances and description differences without breaking a sweat.

  • 5,000+ transactions per second throughput
  • Intelligent fuzzy matching for messy descriptions
  • Universal format support: CSV, Excel, PDF, API
  • Any bank, any format: PDFs, scans, phone photos, CSV

Best for · month-end reconciliation, general ledger matching

Try method I Any bank · any platform
№ 02 Method II

Invoice ↔ payment

AR and AP reconciliation, automated. Match outstanding invoices to incoming payments using a weighted algorithm that reads company names, invoice numbers and references out of the description.

  • Weighted match: 60% amount, 35% description, 5% date
  • Smart parsing of company names, invoice numbers, refs
  • 150-day window finds late payments automatically
  • Outputs: matched pairs, unmatched invoices, unmatched payments

Best for · accounts receivable, payment allocation, AR aging cleanup

Try method II 60 / 35 / 5 · 150-day window

Both methods included in every plan · switch instantly inside the tool

Try both methods free
§ 02 · The typical month

From statement to closed month.

Three ways in, one engine to match, one click to push fixes back. The same data flows on to CodeIQ and LedgerIQ. No re-entry.

Step 00 · Input
Choose your source
Drop a PDF, scan, photo or CSV from any bank, or sync live from QuickBooks, Xero, Sage, Pandle, FreeAgent or YNAB. Columns auto-detected, remap if needed.
Formats3
Elapsed~00:10
Step 01 · Prepare
Intelligent processing
Columns detected, PDFs converted, amounts and dates standardised. Variants like STRIPE GBP and STRIPE PAYOUT are normalised so they line up.
Mapped100%
Elapsed~00:05
Step 02 · Match
Automated matching
5,000+ transactions a second. Batch payments, date variances and fuzzy descriptions all handled, by a C++ engine that keeps the UI snappy.
Matched96%
Elapsed~00:30
Step 03 · Close
Review & export
Review, push corrections back to your software, or export PDF and CSV. Then hand off to CodeIQ and LedgerIQ.
OutputPDF · CSV · API
Elapsed~00:10
§ 03 · Field notes

Everything you need
to reconcile faster.

Tools built to save 50+ hours a month. PDF converter, matching engine and API connectors, each pulling its weight.

Feature · 01

Any bank. Any format.

PDFs, scans, photos, CSV or Excel from any bank worldwide. No template needed, we clean and format it for instant reconciliation, then feed it straight to CodeIQ.

Formats readPDF · scan · photo · CSV
CSV compatibleAny bank, worldwide
New banks added< 48h on request
Feature · 02 · Throughput

Transactions per second

Process an entire month of trading in under a minute. The heavy lifting runs in a C++ micro-service; the browser stays snappy.

5,000+ /s
Feature · 03

Direct API sync

Push matches directly to QuickBooks, Xero, Sage and Pandle with one click. No copy-paste, no middleman.

Feature · 04

Bank-grade security

AES-256 encryption. Files processed in isolated environments and deleted automatically. GDPR compliant. ICO registered.

Feature · 05

Smart matching engine

More than exact amounts: pattern recognition, date tolerance, batch-payment splitting and fuzzy text matching, learning from your history.

§ 04 · Integrations

Works with your existing tools

Connect once. The same OAuth connection powers ReconcileIQ, CodeIQ and LedgerIQ across the entire IQ Suite.

§ 05 · Universal parser

Any bank.
Any format. Any condition.

Digital PDFs. Scanned statements. Blurry phone photos. Spreadsheet exports. Made-up formats we have never seen. If it shows dates, descriptions and amounts, the parser reads it. No template library to keep current. No bank-by-bank maintenance.

Field-tested with
ChaseBank of AmericaWells FargoCitiHSBCLloydsNatWestBarclaysSantanderMonzoStarlingRevolutWiseTDRBCWestpacCommonwealthDeutsche BankBNP ParibasINGworks with any bank, any country — upload a CSV

Run into a format that trips us up? Send the file. We will fix it, usually inside 48 hours.

§ 06 · Before & after

From spreadsheet to signed off.

Same data, two endings. The reconciliation you do now in a tab of unmatched rows and red text, finished — on the right — in under a minute.

§ Today · the Excel pass unsaved.xlsx
ABCDE
115/01SHELL ?? PAYMNT-47?
216/01AMAZON UK MK-128.40
317/01ACME INC PMT1250DUP?
417/01ACME INC INV-44011250.00DUP?
518/01BT GROUP DDR-39
620/01STRIPE PAYOUT2,840.12no match
7?WISE TRF 38291420date?
822/01OFFICE STAPLES-67.50
  • Manual eyeball matching · 80+ minutes for a 200-line month
  • Date formats break: 15/01 vs 01/15 vs 2024-01-15
  • No audit trail · no undo · no comment history
  • Duplicates, missing rows, partial payments all hidden
§ Today · with ReconcileIQ session #2841 · 1.4s
247lines
241matched
4flagged
2duplicates
BANKBOOK
15/01 · SHELL OIL UK · −£47.23
✓
SHELL OIL UK · −£47.23
16/01 · AMAZON UK · −£128.40
✓
AMAZON UK MKT · −£128.40
17/01 · ACME INC · +£1,250.00
⚠
INV-4401 · +£1,250.00 (dupe of row 3)
18/01 · BT GROUP · −£39.00
✓
BT DDR · −£39.00
20/01 · STRIPE PAYOUT · +£2,840.12
◌
missing from book · suggested: Sales · Stripe
  • 5,000 lines/second · full year reconciled in moments
  • Fuzzy match catches partial & late payments
  • Push fixes back to Xero / QuickBooks / Sage / Pandle
  • Audit trail, undo, comments · ready to sign off
§ 07 · Calculator

Calculate your ROI.

See what manual reconciliation is costing you. Most users save 50+ hours a month from month two.

10hrs
£50/ hr
Manual 10 hrs
With ReconcileIQ 0.5 hrs

95% time saved

Monthly savings
£475
Annual
£5,700

Time recovered · 9.5 hrs / month. CodeIQ and LedgerIQ included at no extra cost.

§ 08 · The suite

ReconcileIQ is one of three.

Every subscription includes all three tools. Reconcile the bank, code the books, analyse the ledger. One login, one price.

§ ReconcileIQ

Bank to books.

Bank statement matching plus invoice-to-payment reconciliation. Universal parser reads PDFs, scans, phone photos and CSV. Any bank worldwide.

you are here § CodeIQ

AI bookkeeping, end to end.

Codes transactions, classifies VAT, matches invoices, detects transfers, posts to Xero, QuickBooks, Sage or Pandle.

Read more → § LedgerIQ

Board-ready analysis.

40+ analysis modules from a GL export. Ratios, forecasts, anomaly detection, one-click board-pack PDF.

Read more →
§ Why we say it, why we mean it

Five thousand a second.
That's the difference.

Most reconcilers process a hundred lines a minute and call it fast. ReconcileIQ runs five thousand transactions per second on a C++ matcher decoupled from the UI. A full year of books finishes before your tea is cold. The only software that lets a sole practitioner reconcile thirty clients in a morning and stand them down for the rest of the day.

“If we can't reconcile a year of your books in under ten minutes, you don't owe us anything.”
C++ MATCHER

The match engine is a compiled C++ service, not a JavaScript loop. Five orders of magnitude faster than the spreadsheet approach.

ANY BANK

Universal parser reads PDFs, scans, phone photos and CSV. No template library, no per-bank maintenance, no waiting on integrations.

PUSH-BACK

Fixes go back to Xero, QuickBooks, Sage or Pandle as proper journals. You verify and sign off in the platform you already use.

Reconcile a year · free trial → No card · full pipeline · ten-minute test
§ 09 · Common questions

Frequently asked.

Everything you need to know about ReconcileIQ. Anything missing, email [email protected].

What is bank reconciliation software and why do I need it?
Bank reconciliation software automates the process of matching bank statement transactions with your accounting records. ReconcileIQ processes 5,000+ transactions per second, instantly identifying discrepancies with exceptional accuracy. You need it to save 50+ hours monthly, eliminate manual errors, and maintain compliance with accounting standards. With the IQ Suite, ReconcileIQ is just the beginning. CodeIQ automates the coding and LedgerIQ provides 40+ financial analytics.
Which banks does ReconcileIQ's PDF converter support?
ReconcileIQ works with any bank worldwide. The universal parser reads digital PDFs, scanned statements, phone photos and CSV/Excel exports. No bank-specific template required. It is field-tested with Lloyds, HSBC, NatWest, Monzo, Metro Bank, RBS, Wise, Starling, Tide, Barclays, Santander, Halifax, TSB, Revolut, Chase UK and many others, and it reads formats it has never seen before.
How does automated bank reconciliation work with ReconcileIQ?
ReconcileIQ accepts every common input: CSV and Excel files from any bank, digital PDFs, scanned statements, even phone photos of paper statements. Or connect via OAuth to QuickBooks, Xero, Sage, Pandle, FreeAgent or YNAB for direct pulls. Our matching engine processes transactions at 5,000+ per second, handling batch payments, date variances and fuzzy description differences. After reconciliation, CodeIQ codes the transactions and LedgerIQ turns the GL into 40+ financial analytics.
Is there a free trial?
Yes. You can start a free trial to verify the workflow end-to-end before choosing a plan.
How secure is my financial data with ReconcileIQ?
ReconcileIQ uses bank-level AES-256 encryption for all data. Files are processed in isolated environments and automatically deleted within minutes. We never store transaction data permanently. We're GDPR compliant, ICO registered, and working towards SOC 2 Type II certification. Your data is safer with us than on your own computer.
What's the ROI of using ReconcileIQ?
Average users save 50+ hours monthly. At £50 / hour that's £2,500+ monthly value. Our users report: 40% more client capacity, 95% reduction in reconciliation errors, 3-day month-ends reduced to 30 minutes, and ability to take on higher-value advisory work. The software pays for itself in the first hour of use.
§ 10 · Pricing

From £5/mo.
All three products, included.

Start with Starter or scale up to Accountant, Practice or Enterprise. Every tier includes ReconcileIQ, CodeIQ and LedgerIQ. Credits roll over unused as bonus credits that never expire.

Starter
Freelancers & small businesses
£ 5 /mo
5,000 credits / month
  • ReconcileIQ core (PDF → CSV, high-speed matching)
  • CodeIQ Suggest (intelligent categorisation)
  • LedgerIQ Full (30+ analysis modules)
  • Overage at £0.002 / credit
  • Email support
Start free trial
Need more?
Accountant · Practice · Enterprise
£ 15 → £199 /mo
25,000 → 500,000 credits
  • Accountant · £15 / mo · 25,000 credits
  • Practice Pro · £79 / mo · 150,000 credits
  • Enterprise · £199 / mo · 500,000 credits
  • Pooled credits · free premium client accounts
  • Priority support · admin dashboard
View all pricing tiers →
Next · automate the coding

You've reconciled.
Now let CodeIQ code it.

ReconcileIQ surfaces the discrepancies; CodeIQ takes it from there, coding each transaction, classifying VAT and posting to your platform.

  • 7-phase intelligence pipeline learns your chart of accounts
  • Process 10 clients concurrently · under 2 minutes each
  • 95%+ coding accuracy from day one, improving with every correction
  • Auto-posts to QuickBooks, Xero, Sage and Pandle
  • Built-in VAT intelligence handles reverse charge, exempt and zero-rated
Explore CodeIQ · included free →
SHELL → Motor Expenses 97%
ADOBE → Software 91%
STRIPE → Sales 94%
HMRC → PAYE 88%
7-phase pipeline
One subscription · three products · every plan
Then · understand the numbers

Data reconciled.
Now see what it means.

Reconciled data is only useful if you can read it. LedgerIQ turns any GL export into 40+ metrics, ratios, trends, anomaly flags and board-ready reports, with no re-entry.

  • 40+ analysis modules: DuPont, Altman Z-Score, CVP, cash flow and more
  • Works with Xero, QuickBooks, Sage and any CSV / Excel GL export
  • Established financial formulae · no black-box AI guesswork
  • RiQ AI explains every metric in plain English
  • One-click PDF board packs and Excel data exports
Explore LedgerIQ · included free →
2.4×Current
18.2%ROE
A+Z-Score
38dDSO
£412KQ1 rev
3 flagAnomaly
40+ modules
§ PrepIQ · private beta New for practices: year-end working papers, prepared. Explore PrepIQ →

Ready to reclaim your time?

One subscription unlocks the whole IQ Suite: ReconcileIQ to match, CodeIQ to keep the books, LedgerIQ for 40+ analytics. Setup takes 30 seconds.
Start for free See pricing No card required · GDPR compliant