Automatic Reconciliation

Cash reconciliation without the heavy lifting

Monitor cash balances in real-time across all your bank accounts. Payments are automatically matched to transactions the moment they post.

How it works

1. Create a Payment Order to originate a payment, or an Expected Payment to track a payment you will receive.

2. Monitor the payment’s status in the web application.

3. When your bank posts a transaction, we instantly match it to the payment record.

4. Reliably monitor reconciliation for all your bank accounts in one place.

Instantly reconcile incoming payments to cash

Reconcile transactions on any payment method

Automatic Reconciliation handles nuances specific to each payment method so that you can focus on more strategic tasks.

Track and reconcile incoming payments

Create Expected Payments to track payments you will receive in the future. When those payments are posted by your bank, we automatically match them.

Match returns and reversals automatically

Payment returns and reversals automatically reconcile to the original transaction, saving you hours of busy work every month.

Get more context on incoming transactions

Automatically reconcile customer IDs, invoice numbers, and other details provided by a sending party in an incoming payment.

We automate the entire payments lifecycle
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All the data for reliable cash reconciliation in one place

  • Eliminate daily CSV exports with all your payment records and bank data in a single web application.
  • If a bank statement transaction represents multiple payments, Modern Treasury intelligently parses them, eliminating the need for manual analysis.
  • Report to the rest of the business with confidence with daily cash balances you can trust.
  • Eliminate daily CSV exports with all your payment records and bank data in a single web application.
  • If a bank statement transaction represents multiple payments, Modern Treasury intelligently parses them, eliminating the need for manual analysis.
  • Report to the rest of the business with confidence with daily cash balances you can trust.
  • Eliminate daily CSV exports with all your payment records and bank data in a single web application.
  • If a bank statement transaction represents multiple payments, Modern Treasury intelligently parses them, eliminating the need for manual analysis.
  • Report to the rest of the business with confidence with daily cash balances you can trust.

Close your books faster with Continuous Accounting

  • Import your chart of accounts using integrations with leading ERP and accounting software.
  • Automatically tag transactions with the right customer or vendor ID, accounting category, and ledger classes for seamless data transfer.
  • Create journal entries by syncing reconciled transactions back to the General Ledger.
  • Import your chart of accounts using integrations with leading ERP and accounting software.
  • Automatically tag transactions with the right customer or vendor ID, accounting category, and ledger classes for seamless data transfer.
  • Create journal entries by syncing reconciled transactions back to the General Ledger.
  • Import your chart of accounts using integrations with leading ERP and accounting software.
  • Automatically tag transactions with the right customer or vendor ID, accounting category, and ledger classes for seamless data transfer.
  • Create journal entries by syncing reconciled transactions back to the General Ledger.

Try Modern Treasury and see how smooth payment operations can be.