Yes. Fetching the statement, coding the lines, matching them to invoices and proving the balance can all be automated. What is left for a person is the handful of lines that genuinely need judgement.
Every statement fetched, every line coded and matched – before anyone opens a laptop. You only see the items that will not reconcile.
Many South African business accounts still have no working bank feed into Xero or Sage. So someone logs in to each bank, downloads the statement, imports it, codes the same debit orders they coded last month, and matches receipts to invoices one by one. It is the first two hours of a bookkeeper's day, every day.
Signs in to each bank every morning and downloads the statement – including accounts with no feed. Card and merchant settlements too.
Turns each bank's different layout into one consistent list, with the duplicates from overlapping dates removed.
Uses your rules first, then how you coded the same line before. A debit order coded the same way for a year does not need a person.
Matches receipts to invoices and payments to bills – including part-payments and one payment covering several invoices.
Checks the opening and closing balances against the statement and lists what did not match, and why.
Automize does the routine work and stops on anything that needs judgement. These always wait for someone on your team:
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