Close the books in four days, not nine.
Reconcile automates the boring parts of close: bank reconciliation, AR matching, intercompany elimination, and prepaid amortisation. The accounting team reviews exceptions; the rule engine handles the 80–90% of routine matches.
Reconciliation surfaces
- Bank rec. Match GL entries to bank feed transactions across multiple accounts and currencies.
- AR matching. Auto-match incoming payments (Stripe, ACH, wire) to open invoices.
- Intercompany. Eliminate intercompany transactions across legal entities.
- Prepaid + accrual. Schedule recurring journal entries with automatic period close.
Median close time
Across our 312 customers, the median financial close went from 9 business days pre-Atlas to 4.2 days post-Atlas, measured at 90 days after go-live. The biggest single contributor is bank reconciliation, which most teams report taking from 2 days to 30 minutes once Atlas is configured.
Audit trail
Every auto-match is logged with the rule that fired, the confidence score, who reviewed it, and when. SOC 2 Type II annual audit. Big-four auditors at three of our customers have signed off on Atlas-driven reconciliations as their primary control.