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 and ensuring perfect accuracy. You need it to save 50+ hours monthly, eliminate manual errors, and maintain HMRC compliance.

Which UK banks does ReconcileIQ's PDF converter support?

ReconcileIQ's PDF to CSV converter supports 17+ major UK banks including Lloyds, HSBC, NatWest, Mettle, Monzo, Metro Bank, RBS, Wise, Starling, Tide, Barclays, Santander, Halifax, Bank of Scotland, TSB, Co-operative Bank, and Virgin Money. We add new banks monthly based on user requests.

How does automated bank reconciliation work with ReconcileIQ?

ReconcileIQ uses three methods: 1) Upload PDF bank statements which are automatically converted to reconciliation-ready format, 2) Connect via API to QuickBooks, Xero, Sage, or Pandle for real-time syncing, or 3) Upload CSV/Excel files. Our AI engine processes transactions at 5,000+ per second, matching even complex scenarios like batch payments and date variations.

Why is ReconcileIQ free until January 2026?

UK accountant Jack Whitehead built ReconcileIQ and is offering free access until January 31, 2026 to establish the platform as the UK's leading reconciliation solution. This allows professionals to experience all premium features, integrate into workflows, and see ROI firsthand - with no credit card required.

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, UK-based, 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.

Bank Reconciliation Software UK | Automated 5000+ TPS | PDF to CSV Converter

Name: ReconcileIQ
Availability: OnlineOnly
Rating: 4.9 (523 reviews)
Author: Jack Whitehead

Why ReconcileIQ Dominates The Market

The only reconciliation platform that truly eliminates manual work - not just reduces it

PDF Magic

Transform PDF bank statements from 17+ major UK banks into reconciliation-ready CSVs in seconds. Works with Lloyds, HSBC, NatWest, Mettle, Monzo, Metro, RBS, Wise, Starling, Tide and more. Save 10+ hours weekly.

Direct API Power

Connect directly to QuickBooks, Xero, Sage, Pandle and more. Pull transactions automatically, reconcile in seconds, and push corrections back with one click. Zero CSV exports needed.

Unmatched Speed

Process 5,000+ transactions per second with perfect accuracy. Our AI engine handles complex scenarios including batched payments, date variations, and fuzzy matching instantly. Month-end in minutes, not days.

AI Intelligence

Machine learning that learns your patterns, suggests matches, and identifies anomalies before they become problems. 95% automation rate achieved.

Calculate Your ROI in 10 Seconds

Hours spent on reconciliation monthly:

40 hours

Your hourly rate (£):

£50/hour

Your Monthly Savings with ReconcileIQ:

£1,900

That's £22,800 annually!

Start Saving Now - It's FREE

See The ReconcileIQ Difference

Why thousands are switching from manual reconciliation and basic accounting software

Feature	Just QuickBooks, Xero, Sage, etc	With ReconcileIQ
Time to Reconcile 1000 Transactions	✗ 2-4 hours manual work	✓ 0.2 seconds - instant!
PDF Bank Statement Support	✗ Manual copy-paste required	✓ 17+ UK banks auto-converted
Accuracy Rate	~ 70-85% (human error prone)	✓ 99.9% guaranteed accuracy
Complex Transaction Handling	✗ Manual investigation needed	✓ AI handles batch payments, splits, etc.
Software Integration	~ CSV export/import only	✓ Direct API - sync & push fixes
Monthly Time Savings	~ 5-10 hours if lucky	✓ 50+ hours guaranteed
Cost (Until Jan 2026)	£ £30-200/month	✓ COMPLETELY FREE!

Feature Comparison

Speed Comparison

Manual: 2-4 hours

ReconcileIQ: 0.2 seconds ✓

Stop wasting time on manual reconciliation. Join 5,000+ professionals saving 50+ hours monthly.

Get ReconcileIQ Free Now

How ReconcileIQ Works: Simpler Than Making Tea

Three ways to reconcile: Upload PDFs, connect via API, or use traditional CSV/Excel files

1

Choose Your Input Method

Option A: Upload PDF bank statements - auto-converts 17+ UK banks
Option B: Connect via API for real-time sync with QuickBooks/Xero/Sage
Option C: Upload CSV/Excel files traditionally

⏱ Time: 10 seconds

2

AI Magic Happens

Our AI automatically detects columns, converts PDFs, maps fields, and prepares your data. For API connections, everything syncs in real-time. Zero manual mapping needed.

⏱ Time: Instant

3

Click & Watch The Magic

Hit 'Reconcile' and watch 5,000+ transactions process per second. Complex matches, batch payments, date variations - all handled automatically with perfect accuracy.

⏱ Time: 0.2 seconds per 1000 transactions

4

Review, Fix & Export

See clear results: matched ✓, missing ⚠, extras ❌. For API connections, push fixes back with one click. Export professional reports in PDF or CSV. Done!

⏱ Time: 1-2 minutes

Total Time for Complete Monthly Reconciliation:

Under 5 Minutes

(vs. 3-5 days manually)

Enterprise Features: Free for Everyone

Professional-grade tools that typically cost £200+/month - yours free until 2026

Smart Transaction Matching

Our AI engine intelligently matches transactions even with:

Different dates (handles processing delays)
Varied descriptions (fuzzy matching technology)
Batch payments (splits automatically)
One-to-many & many-to-one matches

Result: 95%+ automation rate, 99.9% accuracy

ReconcileIQ Smart Transaction Matching Dashboard

GAME CHANGER

Universal Bank & Software Support

Works with EVERY UK bank and ALL accounting software:

PDF Support:

• Lloyds, HSBC, NatWest
• Barclays, Santander
• Monzo, Starling, Tide
• Metro, Wise, Halifax
• + 10 more banks

Direct API:

• QuickBooks
• Xero
• Sage
• Pandle
• FreeAgent

No more manual data entry. Ever.

PROFESSIONAL

Comprehensive Reporting Suite

Generate professional reports that impress clients and satisfy regulators:

Detailed reconciliation reports with full audit trail
Variance analysis and trend reporting
Export to PDF, CSV, or Excel formats
HMRC-compliant documentation

ENTERPRISE SECURITY

Bank-Grade Security & Compliance

Your data is safer with us than on your own computer:

AES-256 encryption (same as major banks)
ISO 27001 compliant infrastructure
GDPR compliant & ICO registered
Auto-deletion within minutes

SOC 2 Type II certification in progress

AI POWERED

Pattern Recognition & Anomaly Detection

Our AI learns from millions of transactions to:

Identify unusual transactions instantly
Flag potential fraud or errors
Suggest categorization improvements
Predict cash flow issues before they happen

BONUS FEATURE

Plus: Unlock Financial Intelligence with LedgerIQ

Your free access includes LedgerIQ, our one-click financial analytics engine that transforms any General Ledger into strategic business intelligence

Complete Financial Analysis in One Click

LedgerIQ delivers comprehensive financial intelligence instantly:

Profit & Loss Statements

Balance Sheets

Cash Flow Analysis

20+ Financial Ratios

Revenue Forecasting

Anomaly Detection

Worth £500+/month as a standalone tool - yours FREE with ReconcileIQ

Learn More About LedgerIQ

Simple, Transparent Pricing

Full professional access completely free until January 31, 2026. No hidden fees, no surprises.

Free Access

Until Jan 31, 2026

£0

No credit card required

All features unlocked
Unlimited transactions
PDF converter (17+ banks)
API integrations
LedgerIQ analytics
Email support

Start Free Now

Professional

From Feb 2026

£49

per month

Everything in Free
Priority support
Advanced analytics
Multi-user access
Custom integrations
Phone support

Enterprise

For large teams

Custom

Contact for pricing

Everything in Professional
Dedicated account manager
On-premise deployment
Custom SLA
Training & onboarding
24/7 support

Contact Sales

Built for Every Finance Professional

Whether you're a solo freelancer or managing a large practice, ReconcileIQ scales with you

Accountants & Bookkeepers

Handle more clients with less effort. Our PDF converter and API integrations eliminate data entry. Process entire client books in minutes, not hours.

40% more client capacity
Zero manual data entry
HMRC compliant reports

Accounting Practices

Scale your practice efficiently. Standardize reconciliation across your team, reduce errors, and free up time for advisory services.

Team collaboration tools
Standardized workflows
Client portal access

Business Owners

Stay on top of your finances without the hassle. Upload PDFs or connect directly to your accounting software for instant, accurate reconciliation.

Real-time cash visibility
Fraud detection alerts
Simple, intuitive interface

Real Results from Real Professionals

See how UK businesses are transforming their financial operations with ReconcileIQ

FX Partners Accountancy

Manchester • 15 Staff • 200+ Clients

"ReconcileIQ transformed our month-end process. What used to take our team 3 days now takes 2 hours. The PDF converter alone saves us 20 hours weekly - we just upload client statements and everything's done."

40%

More Clients

60hrs

Saved Monthly

£3k

Monthly Value

Tech Innovations Ltd

London • SaaS Company • £5M Revenue

"The Xero API integration is brilliant. Our finance team reconciles 50,000+ monthly transactions in under 5 minutes. The anomaly detection caught duplicate vendor payments saving us £15k in the first month."

95%

Automation

5min

Month-End

£15k

Errors Caught

Loved by 5,000+ Professionals

Join the UK's fastest-growing community of finance professionals

4.9/5 from 523 reviews

SJ

Sarah Johnson

Small Business Owner, Bristol

"The PDF converter is absolutely magical! I just upload my Lloyds statements and everything's reconciled in seconds. Used to spend entire weekends on this. Now it's done before my coffee cools."

Saves 12 hours monthly

MS

Mark Stephens

Senior Accountant, FX Partners

"The Xero API integration is a game-changer. Pull data, reconcile, push fixes back - all in one place. We've taken on 40% more clients without adding staff. ROI is insane."

40% practice growth

RL

Rachel Lewis

CFO, Tech Innovations Inc.

"5,000 transactions per second isn't marketing fluff - it actually processes that fast. Our month-end that took 3 days now takes 30 minutes. Best software decision we've made."

3 days → 30 minutes

DM

Daniel Morgan

Financial Controller, Leeds

"Perfect accuracy isn't an exaggeration. It caught discrepancies we'd missed for months. The pattern analysis helps prevent future errors. Worth every penny (even though it's free!)."

99.9% accuracy

JP

Jennifer Patel

Freelance Bookkeeper

"Works perfectly with HSBC PDFs and QuickBooks API. The one-click fix push saves hours of manual corrections. Best software investment I've made (and it's FREE!)."

20+ hours saved weekly

TW

Thomas Wright

Compliance Officer, Birmingham

"Bank-grade security with GDPR compliance was essential for us. The audit trail and reporting features make regulatory reviews stress-free. Can't imagine working without it."

100% compliant

Built by an Accountant Who Gets It

I'm Jack Whitehead, a UK qualified accountant (ACCA) who was tired of wasting hours on manual reconciliation.

After building ReconcileIQ for my own practice and seeing it save 400+ staff hours in just six weeks, I knew other professionals needed this too.

That's why I'm offering full access free until Jan 2026 - because great tools should be accessible to everyone who needs them.

Email Jack Connect on LinkedIn

Frequently Asked Questions

Everything you need to know about ReconcileIQ

Which UK banks does the PDF converter support?

Our PDF to CSV converter currently supports 17+ major UK banks including:

• Major banks: Lloyds, HSBC, NatWest, Barclays, Santander, RBS
• Digital banks: Monzo, Starling, Tide, Mettle, Metro Bank
• Building societies: Halifax, Bank of Scotland, TSB
• Others: Wise, Co-operative Bank, Virgin Money

We're adding more banks monthly based on user requests. If your bank isn't listed, contact us and we'll add it within 48 hours.

How do the API integrations work?

Connect your QuickBooks, Xero, Sage, or Pandle account with one click using OAuth2 secure authentication. ReconcileIQ then:

1. Pulls transaction data directly in real-time
2. Performs instant reconciliation (5,000+ TPS)
3. Identifies matches, missing entries, and extras
4. Pushes corrections back to your software automatically

No more exporting and importing CSV files - everything happens seamlessly. Your API credentials are encrypted and never stored.

Why is ReconcileIQ free until 2026?

We're offering full access free until January 31, 2026 for three reasons:

• Market establishment: Build a strong user base and become the UK standard
• User feedback: Gather insights to perfect the platform
• Prove value: Let you experience the ROI risk-free

This isn't a limited trial - you get ALL professional features completely free. After Jan 2026, pricing starts at just £49/month (less than 1 hour of your time).

Do I need to enter a credit card to sign up?

No credit card required. Ever. Sign up takes 30 seconds with just your email. You get instant access to:

• All reconciliation features
• PDF converter for 17+ banks
• API integrations
• LedgerIQ analytics suite
• Unlimited transactions

It's genuinely free with no hidden charges, no trial limitations, and no sneaky auto-billing.

How fast is "5,000 transactions per second" really?

It's genuinely that fast. Here's what it means in practice:

• Monthly statement (300-500 transactions): 0.1 seconds
• Quarterly reconciliation (2,000 transactions): 0.4 seconds
• Annual reconciliation (10,000 transactions): 2 seconds
• Complex year-end (50,000+ transactions): 10 seconds

The speed is consistent whether using PDFs, API connections, or CSV uploads. No more coffee breaks waiting for reconciliation!

Is my financial data secure?

Your data is safer with us than on your own computer. Here's our security stack:

• Encryption: AES-256 (same as major banks)
• Infrastructure: ISO 27001 compliant AWS servers
• Compliance: GDPR compliant, ICO registered
• Data handling: Processed in isolated environments
• Retention: Auto-deleted within minutes
• Access: 2FA, OAuth2, role-based permissions

We're also working towards SOC 2 Type II certification. Your data is never sold, shared, or used for anything except your reconciliation.

What's the actual ROI of using ReconcileIQ?

Based on data from 5,000+ users, here's the average ROI:

• Time saved: 50+ hours monthly (£2,500+ value at £50/hour)
• Error reduction: 95% fewer mistakes
• Client capacity: 40% more clients without hiring
• Month-end speed: 3 days → 30 minutes
• Payback period: First hour of use

One user saved £15,000 in the first month by catching duplicate vendor payments. The software literally pays for itself before you finish your first reconciliation.

Is there an API for developers?

Yes! We offer a RESTful API for developers who want to integrate ReconcileIQ's reconciliation engine into their own applications. Features include:

• Full reconciliation engine access
• PDF conversion endpoints
• Webhook notifications
• Batch processing support
• SDKs for Python, Node.js, and .NET

Contact us at [email protected] for documentation and access keys.

Have more questions?

Contact Support Book a Demo

Ready to Transform Your Reconciliation?

Join 5,000+ UK professionals already saving 50+ hours monthly. Full access to all features including PDF converter and API integrations - completely free until Jan 2026.

127 professionals joined today

Limited time free access

£2,500+ monthly value

Start Your Free Access Now Book a Demo

No credit card required • Setup in 30 seconds • Cancel anytime • GDPR compliant

UK's #1 Bank Reconciliation Software 5,000+ TPS. Perfect Accuracy. Save 50+ Hours Monthly. Guaranteed.