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 per second, finds every discrepancy, and pushes fixes back to Xero, QuickBooks, Sage or Pandle. Part of the IQ Suite. Reconcile here, then let CodeIQ automate the coding and LedgerIQ turn your GL into 40+ financial analytics. All three products, one subscription.

Try it now No card · free trial
★★★★★ 4.9/5 · 523 verified reviews Trusted by UK 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.

Professional-grade reconciliation for two different workflows, in one platform. Close the month on the bank, settle the AR ledger, or do both. Once reconciled, hand off to CodeIQ for automated coding or LedgerIQ for instant financial analysis.

№ 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 to get data in, one engine to match it, one click to push fixes back. The same reconciled dataset carries cleanly into CodeIQ for automated coding and LedgerIQ for financial analysis. No re-entry, ever.

Step 00 · Input
Choose your source
Upload a digital PDF, a scan, or a phone photo and the parser extracts it. API sync pulls live from QuickBooks, Xero, Sage, Pandle, FreeAgent or YNAB. Or drop a CSV / Excel from any bank worldwide. Columns auto-detected; remap interactively if anything is off.
Formats3
Elapsed~00:10
Step 01 · Prepare
Intelligent processing
The system detects columns, converts PDFs, maps fields, and standardises amounts, dates and descriptions. Pattern recognition normalises variants like STRIPE GBP, STRIPE PAYMENTS, STRIPE PAYOUT so they line up cleanly.
Mapped100%
Elapsed~00:05
Step 02 · Match
Automated matching
5,000+ transactions per second. Handles complex scenarios: batch payments split across invoices, date variances, description differences. A C++ micro-service does the heavy lifting while the UI stays responsive.
Matched96%
Elapsed~00:30
Step 03 · Close
Review & export
Review matches and discrepancies. Push corrections back to your accounting software, or export PDF and CSV reports. Switch to CodeIQ to code everything automatically, then open LedgerIQ for full financial analysis.
OutputPDF · CSV · API
Elapsed~00:10
§ 03 · Field notes

Everything you need
to reconcile faster.

Professional-grade tools designed to save 50+ hours a month. The PDF converter, matching engine and API connectors are all built to pull their weight on every statement you touch.

Feature · 01

Any bank. Any format.

Digital PDFs, scans, phone photos, CSV or Excel from any bank worldwide. No bank-specific template needed. We clean, normalise and format everything for instant reconciliation. The same converted data feeds seamlessly into CodeIQ for automated coding.

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

Doesn't just match exact amounts. Recognises patterns, handles date variances, splits batch payments, learns from your history to suggest categorisations. Fuzzy text matching, date tolerance logic, batch payment splitting.

§ 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.

01

Digital PDFs

Native text extraction. Descriptions joined across lines, dates normalised, running balances reconstructed. Clean CSV in seconds.

02

Scanned statements

OCR pass with layout-aware cleanup. Faxed, photocopied, archival paper. Messy input, clean output.

03

Phone photos

Bad lighting, crooked framing, coffee stains on the corner. We de-warp, binarise, and read what is there.

04

CSV & Excel

Any column order. Any locale. Any date format. Auto-detected and auto-mapped, with a sanity check you can override.

05

OAuth & API

Live pulls from QuickBooks, Xero, Sage, Pandle, FreeAgent, YNAB. Pick an account and a date range. The data arrives clean.

06

Custom formats

Made your own export? Built a template for a regional bank we have never seen? If the structure is regular, the parser finds it.

Field-tested with
LloydsHSBCNatWestBarclaysSantanderRBSMonzoStarlingTideMetroHalifaxTSBWiseCo-opVirgin MoneyRevolutMettleChase UKFirst DirectNationwideand hundreds more worldwide

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

§ 06 · Built for you

Built for finance professionals.

Whether you're an accountant, bookkeeper or business owner, ReconcileIQ scales with your needs. Solo or fifty-client practice, the same tools do the job.

For · accountants & bookkeepers

Handle more clients, cleaner.

Handle more clients efficiently with automated reconciliation. API integrations eliminate manual data entry across multiple client accounts. Use CodeIQ for the coding, LedgerIQ for client-ready analytics.

  • Multi-client workflow support
  • Professional reporting
  • Compliant audit trails
For · practices

Scale your practice, standardise workflows.

Scale your practice with standardised reconciliation workflows. Reduce errors and free up time for advisory services across your client base. Standardise workflows across all three IQ Suite products.

  • Team collaboration features
  • Standardised processes
  • Client portal access
For · business owners

Keep accurate books, without the grind.

Keep accurate financial records without the complexity. Connect directly to your accounting software for automated reconciliation. CodeIQ handles the bookkeeping; LedgerIQ shows you what the numbers mean.

  • Simple, intuitive interface
  • Real-time financial visibility
  • Anomaly detection alerts
§ 07 · Calculator

Calculate your ROI.

See how much money you're wasting on manual reconciliation. Averages are conservative. Most users save 50+ hours a month from month two onward.

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 →
§ 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 found every discrepancy. CodeIQ takes over from here. Coding each transaction, classifying VAT, and posting straight back to your platform. No manual data entry.

  • 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.

Clean, reconciled data is only valuable if you can read it. LedgerIQ transforms any GL export into 40+ financial metrics. Ratios, trends, anomaly flags, board-ready reports. Without re-entering a single figure.

  • 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

Ready to reclaim your time?

One subscription unlocks the complete IQ Suite. ReconcileIQ for matching, CodeIQ for automated bookkeeping, LedgerIQ for 40+ financial analytics. Setup takes 30 seconds.
Start for free See pricing No card required · GDPR compliant