Bank reconciliation beyond rules.
Contextual matching that actually scales and saves hours.
Embat is automated bank reconciliation software that matches every bank transaction to the right journal entry and posts it to your general ledger. Your team stops reconciling line by line: rules clear the repetitive work and TellMe, Embat's AI agent, handles everything else against open documents and learned patterns.
GL reconciliation automation: from bank statement to journal entry
Bank transactions flow in, get posted, and reconcile, automatically
Direct API connections to 15,000+ financial institutions replace portal logins and CSV downloads. Every transaction flows into Embat in real time, gets posted to your general ledger (GL), and reconciles against the returning accounting entry — keeping bank and ledger balances perfectly aligned.
Rules fire first. TellMe, Embat's AI agent, handles the rest
Repetitive transactions like payroll, bank fees, and taxes post through configurable rules. TellMe matches payments against open AP/AR documents and suggests GL accounts based on learned patterns. Your team reviews exceptions, not every transaction.
A reconciliation report that proves your numbers
The reconciliation dashboard compares initial and final balances, bank versus accounting, for any period. When both sides match, the GL account is reconciled against the bank statement. Export to Excel or PDF for audit-ready documentation.
The intelligence behind Embat
What does TellMe, Embat's AI agent, do?
Everything your finance department needs:
Invoice matching
Settle invoices automatically through bank transaction matching
Each incoming transaction is analysed and matched to the right invoice automatically, whether it's a 1-to-1 match, multiple invoices, or a partial payment. Accept in one click and move on.
GL account posting
Post transactions directly to the right GL account, automatically
When there are no associated invoices, the description, counterparty, and metadata are analysed to suggest the most accurate GL account, cost centre, and analytical tags. Every transaction gets a proposal grounded in your own accounting logic.
Bank reconciliation
Reconcile your bank statements and GL entries in real time
Every transaction posted through Embat is automatically reconciled with its corresponding journal entry. For entries posted outside Embat, matching transactions are identified based on metadata and surfaced as suggestions.
Complete bank reconciliation from transaction to GL entry
Full audit trail
Every GL entry, whether posted by rule, TellMe, or manual action, is logged with method, timestamp, and user. Track which rule triggered, review matching criteria, and undo entries when needed.
Built to scale with your transaction volume
Manual posting doesn't scale. As transaction volume grows, adding headcount isn't the answer. Embat handles the volume that would otherwise require an army of bookkeepers.
Bank vs GL balance comparison for any period
Select any date range and compare opening and closing balances, bank side versus accounting side. When both match, the account is fully reconciled. When they don't, Embat shows exactly where the gap is.
Direct ERP integration
Bidirectional connectors to SAP, NetSuite, Dynamics 365, Sage, and 20+ other ERPs. Reconciliation results post directly to your general ledger; payment statuses sync back automatically.
Less manual work, faster close, fewer errors
90%+ automation rate
From 65–80% during the first weeks to 90%+ as TellMe learns from your team's corrections. Rules handle repetitive entries from day one; TellMe takes over pattern-based postings progressively.
5-day acceleration in month-end close
Continuous reconciliation throughout the month replaces the traditional 10-day closing crunch. When month-end arrives, your GL is already balanced.
10+ hours recovered weekly
Eliminate the daily routine of downloading statements, matching manually, and re-keying journal entries. Your team reviews exceptions instead of every bank transaction.
Errors caught before they compound
TellMe flags duplicate invoices, unusual payment patterns, and mismatches as they occur, not days later during manual review. Each correction prevents downstream reconciliation issues.
Ready to see what an Intelligent Treasury can do for you?
Automate, centralise, and make smarter decisions in real time. See how Embat can save your finance team up to 75% of their time, reduce errors, and boost productivity.
Frequently Asked Questions (FAQ)
Your ERP is a system of record — it stores data well but struggles with bank connectivity, intelligent matching, and automated posting. Many ERPs can only auto-post 30–40% of bank transactions, and reaching 90% is nearly impossible due to rigid interfaces and lack of learning capabilities. Embat is the reconciliation engine your ERP was never designed to be: direct bank APIs, three-layer matching that learns from your team, and a closed-loop that keeps bank and GL balances perfectly aligned.
Bank reconciliation is the process of matching bank statement transactions against the corresponding entries in your general ledger to confirm that both records agree. It ensures every payment, receipt, and fee is accounted for — and that your reported cash position reflects reality. For finance teams, unreconciled accounts mean unreliable reporting, delayed month-end close, and audit risk. Traditional reconciliation relies on downloading statements, matching entries manually in spreadsheets, and posting adjustments one by one — a process that can consume the first 10 days of every month. Embat automates the full cycle: bank transactions flow in via API, get posted to your GL through rules and TellMe AI, and reconcile against the returning accounting entry — continuously, not just at month-end.
The average across all Embat customers is around 90%, excluding new implementations. During the first weeks expect 65–80%, climbing as TellMe learns from your team's corrections. Rules handle repetitive transactions from day one; TellMe takes over pattern-based postings progressively. The more your team uses Embat, the higher the automation rate climbs.
TellMe follows a clear priority: rules fire first for repetitive transactions like payroll or bank fees. If no rule matches, TellMe uses three levels of matching — against contacts based on historical patterns, against GL accounts for recurring expenses, and against open AP/AR operations cross-referencing amount, date, description, and document ID. Every suggestion includes the full posting: GL account, counterparty, cost centre, and analytical dimensions.
When a bank transaction involves a currency different from the legal entity's accounting currency, Embat calculates the FX conversion difference between invoice date and payment date and posts the adjustment automatically. Exchange rates come from the European Central Bank, with Open Exchange as a fallback for exotic currencies. The full FX impact is visible in the posting details and audit trail.
Embat's bank reconciliation automation posts the journal entry to your general ledger and syncs it back to your ERP without manual re-entry, then reconciles it against the returning accounting entry to close the loop. Both steps run automatically. The ERP write-back is available for SAP, Oracle NetSuite, Microsoft Business Central, Dynamics AX, Navision, Dynamics F&O, Sage Intacct and more. You can see the full list on the financial integrations page.
Yes. Embat reconciles each legal entity against its own general ledger and gives the group a single, consolidated cash position, with continuous reconciliation across every entity and a full audit trail behind each posting.
Yes. Embat reconciles each legal entity against its own general ledger and gives the group a single, consolidated cash position, with continuous reconciliation across every entity and a full audit trail behind each posting.
Embat integrates natively with SAP, Oracle Netsuite, Microsoft Business central, Dynamics AX, Navision, Dynamics F&O, Sage Intacct and more. You can see the full list on the financial integrations page.
Embat is certified to ISO/IEC 27001 and SOC 2 Type II, issued by AENOR, and runs on Google Cloud Platform. Bank connections use direct APIs, and every posting keeps a full audit trail.