Why automating bank reconciliation has become essential

Bank reconciliation is an essential step for any company wishing to ensure rigorous financial monitoring. It consists of comparing the transactions shown on bank statements with the supporting accounting documents (invoices, receipts, payments) in order to check the consistency of flows and detect any discrepancies.

But in practice, this process can quickly become time-consuming, especially when it’s carried out manually: repeated connections to bank accounts, downloading statements, tedious cross-referencing with invoices in Excel… So many tasks with little added value, sources of errors and wasted time.This is where an automated pre-accounting solution like Azopio makes all the difference. By connecting your bank accounts to the platform and automatically cross-referencing your bank flows with your supporting documents, you gain in efficiency, reliability and visibility of your cash flow.

The limits of manual bank reconciliation

Many companies still carry out their bank reconciliation manually, by downloading their statements from their bank’s interface, then comparing each line with their purchase or sales invoices. Although this method is still used, it has several major limitations:

• Time wasted navigating banking platforms, PDF files and Excel spreadsheets
• Risk of data entry errors, duplication or omission of supporting documents
• Poor visibility of cash, trade receivables and trade payables
• Delays in VAT management or overall accounting monitoring

By automating the reconciliation of bank transactions, companies can free themselves from this operational burden and secure their financial management.

Azopio: an automated solution to simplify your bank reconciliations

Azopio makes bank reconciliation a simple, quick and automated task. The platform connects your accounts to over 2,000 French and European banks, both traditional (Crédit Agricole, BNP Paribas, etc.) and neo-banks (Qonto, N26, Revolut, etc.), thanks to its partnership with Powens by Budget Insight.

Direct connection to your bank accounts

In just a few clicks, you can select your bank(s) and activate the synchronisation of bank flows. Transactions are then automatically uploaded to your Azopio space, without you needing to reconnect to your bank or download your statements manually.

Automatic reconciliation with your supporting documents

As soon as a bank transaction appears, Azopio automatically reconciles it with the corresponding supporting document (purchase or sales invoice, expense claim, etc.), which has already been collected or imported into your account. All you have to do is validate the proposed association with a single click.

As a result, you can find all your transactions and their supporting documents in a single space, with clear and complete traceability.

The benefits for your financial management

Automating bank reconciliation with Azopio is much more than just a time-saver: it’s a practical way of making your financial monitoring more reliable, optimising your pre-accounting and giving you a clear view of your flows.

Here are the concrete benefits for your company:

• Reduced reconciliationerrors thanks to automatic association of transactions and supporting documents
• Significant time savings on manual tasks: no need to download bank statements or sort them in Excel
• Real-time monitoring of your cash position, payables and receivables, accessible at any time
• Simplified VAT management and better anticipation of tax deadlines
• Excel export of financial dashboards, for improved collaboration with your chartered accountant

Thanks to these functions, Azopio transforms a tedious task into a smooth operation, integrated into your administrative management and compatible with all your accounting tools.

Simplified, reliable and automated bank reconciliation with Azopio

Bank reconciliation is a key stage in guaranteeing the reliability of your financial management. Too often neglected or carried out manually, it can become a source of errors, delays and administrative stress.

With Azopio, you can automate the recovery of your bank flows, centralise your supporting documents, validate reconciliations in just a few clicks… and regain control of your cash flow, debts and receivables.

Try Azopio today and discover how automating your bank reconciliation can transform your pre-accounting management.
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