Company Information
ReconcileIQ launched in April 2025 with a mission to eliminate manual bank reconciliation for UK accounting professionals. Built by an accountant who understands the pain.
Media & Business Inquiries
Jack Whitehead, Founder
The ReconcileIQ Story
From frustration to solution - why we're building this
November 2024: After years of manually reconciling bank statements as a practicing AATQB accountant, I reached my breaking point. The existing tools were either prohibitively expensive, overly complex, or simply didn't work with UK banks properly.
I started building ReconcileIQ to solve my own problem - spending weekends reconciling statements instead of growing my practice or spending time with family. What began as a simple PDF converter quickly evolved into something much more powerful.
April 2025: ReconcileIQ officially launched with support for 17+ UK banks, integrations with major accounting platforms, and a processing capacity of 5,000 transactions per second. Within weeks, we saw hundreds of hours saved across early adopters.
Our Mission: We're making professional-grade reconciliation tools accessible to everyone. That's why we're offering completely free access until January 2026. No hidden fees, no credit card required, just the tools you need to get your time back.
Why we're different:
- Built by a practicing accountant who understands the real challenges
- Focused exclusively on UK banks and accounting practices
- Free access until 2026 - we believe in proving value first
- Direct founder access - email me anytime with questions or feedback
Company Facts
The Problem We're Solving
Bank reconciliation costs UK businesses billions in lost productivity annually
Time Drain
Average UK accountant spends 2-4 hours per client monthly on manual reconciliation
Hidden Costs
Manual processes cost practices £50-100 per client monthly in staff time
PDF Nightmare
Every UK bank has different PDF formats, making automation nearly impossible
Our Solution
Automated PDF Processing
Custom parsers for 17+ UK banks convert statements to CSV in seconds
Intelligent Matching
5,000 TPS engine automatically matches and reconciles transactions
Direct Integration
Seamless export to QuickBooks, Xero, Sage, and Pandle
LedgerIQ Analytics
30+ financial analysis modules for deeper business insights
Media Resources
Assets and information available for media use
Brand Assets
ReconcileIQ logos in various formats for media use. Includes brand colors and usage guidelines.
Request LogosProduct Screenshots
High-resolution screenshots of ReconcileIQ and LedgerIQ interfaces for editorial use.
Request ScreenshotsFounder Bio & Photo
Professional biography and photo of Jack Whitehead, AATQB qualified accountant and founder.
Request BioCompany Information
Detailed company background, mission statement, and product information for accurate reporting.
Request Info PackWhy Cover ReconcileIQ?
Solving a Multi-Billion Pound Problem
Bank reconciliation inefficiency costs UK businesses billions annually in lost productivity. We're tackling this head-on.
Founded by Industry Insider
Jack Whitehead is a practicing AATQB accountant who built this solution to solve his own pain points - authenticity that resonates.
Disrupting Traditional Pricing
Offering free access until 2026 challenges the expensive enterprise-only model that dominates the market.
UK-Focused Innovation
While global solutions struggle with UK banking formats, we've built specifically for the UK market from day one.
Direct Founder Access
Jack personally responds to all media inquiries, offering authentic insights and transparent communication.
Let's Connect
I'm always happy to discuss ReconcileIQ's mission, the challenges facing UK accountants, or provide insights on fintech innovation in the accounting space.
All inquiries receive personal responses, typically within 24 hours