Platform
What is Conciliac and what does the platform do?
Conciliac is the platform to integrate, validate, reconcile, automate, and govern financial and operational data across systems — without writing code.
What is reconciliation automation software?
A platform built to automate the validation and matching of financial and operational data across systems, replacing manual spreadsheet work.
Which industries benefit?
Banking, fintech, insurance, retail, and logistics benefit most thanks to their high transaction volumes — but it applies to any company that needs to trust its data.
Do I need technical skills?
No. It's designed for business users: matching rules and workflows are configured through friendly interfaces.
Reconciliation and Data Match
What is the Data Match engine?
The
Data Match engine compares data from multiple systems and identifies relationships between records using configurable rules. It supports one-to-one, one-to-many, and many-to-many scenarios.
What types of data can be reconciled automatically?
Any operational or financial dataset: bank transactions, payment settlements, payroll, invoices, and inventories.
Can I define my own matching rules and tolerances?
Yes. You can define your own rules, tolerances, and workflows to fit different scenarios.
What reports does it generate?
Reports covering reconciled transactions, detected discrepancies, open items, and financial balances.
Why not just use Excel?
It can work for simple reconciliations, but it becomes hard to manage at scale. The platform processes large volumes with more control, traceability, and accuracy.
Bank reconciliation
What is automated bank reconciliation?
It compares bank movements against accounting records using automated rules. The system identifies matches, flags differences, and highlights pending transactions without manual review.
How does automated bank reconciliation work?
It imports your bank movements and compares them with your accounting records using predefined matching rules, automatically identifying matches, differences, and open items.
Integrations and security
Does the platform integrate with SAP and other ERPs?
Yes. The platform can integrate with SAP systems to import and export financial and operational data automatically. See the
data reconciliation platform.
How does the platform connect to other systems?
Through APIs, file ingestion, database connections, and enterprise integration protocols.
Where does the data live? Is the platform secure?
Yes. It includes robust security and data governance mechanisms. The platform runs inside the customer's environment, keeping data control within their own infrastructure.
How long does it take to implement reconciliation software?
It depends on the complexity of the integrations, though many organizations start automating reconciliations within a few weeks.
Why automate reconciliation?
To eliminate manual tasks, reduce operational risk, and scale financial processes as transaction volume grows.