What It Does
Reconcile is a finance reporting automation service designed for finance teams that repeatedly prepare monthly reporting files for executives, investors, and auditors. It works with existing accounting, billing, CRM, BI, CSV, and Google Sheets data to prepare recurring financial deliverables.
The platform brings data together, reconciles figures across sources, identifies exceptions, documents controls and adjustments, and produces a final Google Sheet with an audit trail. Reconcile says the finance team retains final financial validation while it handles the recurring preparation and documentation process.
Quick Verdict
- Best for: Automating recurring finance reporting and reconciliation
- Skip if: You need a full accounting or ERP replacement
- Key Advantage: Documented reporting workflows with audit trails
- Top Alternative: FloQast
At a Glance
| Feature | Details |
|---|---|
| Category | Finance Reporting & Reconciliation |
| Pricing Model | Custom |
| Free Tier | Not specified |
| Platform | Web / Google Sheets |
| API | Not specified |
| Primary Strength | Recurring finance reporting |
| Output | Google Sheets |
Pricing & Plans
Reconcile does not publish standard pricing or subscription tiers in the supplied website information.
Instead, the company invites finance teams to discuss their monthly close and offers a free introductory option through its website.
The service is positioned around recurring finance reporting rather than a self-service software subscription, so pricing may depend on the team’s reporting requirements and workflow.
Note: Prices and plan limits may change. Check the official website for current pricing.
Key Features
- Collects finance data from accounting, billing, CRM, BI, CSV, and Google Sheets.
- Reconciles figures across accounting, commercial, and operational sources.
- Identifies unexplained differences and missing or inconsistent data.
- Creates a review queue for exceptions and sensitive adjustments.
- Documents financial controls and validated adjustments.
- Generates a final Google Sheet for stakeholders.
- Maintains an audit trail for reporting controls and decisions.
Best For
- Preparing recurring monthly financial reporting packages.
- Reconciling accounting and commercial data from multiple sources.
- Identifying unexplained financial discrepancies before review.
- Preparing reporting files for executives and investors.
- Creating documented financial controls for audit preparation.
Pros & Cons
Pros
- Designed around recurring finance reporting workflows.
- Works with existing finance and business data sources.
- Separates exceptions for review instead of hiding discrepancies.
- Documents adjustments, validations, and control activities.
- Produces a single final Google Sheet for sharing.
Cons
- Public pricing is not provided.
- API availability is not specified.
- The supplied information does not detail specific accounting, CRM, or BI integrations.
- It is positioned as a reporting service rather than a complete accounting or ERP platform.
Alternatives & Comparisons
| Alternative | Best For | Key Difference vs. Reconcile |
|---|---|---|
| FloQast | Financial close management | Broader close-management and accounting workflow platform |
| BlackLine | Enterprise financial close | Larger enterprise focus with extensive accounting automation |
| Numeric | Modern financial close | More software-focused approach to close management and reconciliation |
Reconcile is best positioned for teams that want recurring finance reporting prepared from their existing data with documented controls and review steps. Choose a broader close-management platform when you need extensive accounting workflows, close task management, or enterprise-level automation beyond recurring reporting.
Frequently Asked Questions
What is Reconcile?
Reconcile is a finance reporting and reconciliation service that prepares recurring financial deliverables from accounting, CRM, billing, BI, and spreadsheet data.
Who is Reconcile designed for?
It is designed for finance teams that regularly prepare reporting files for management, investors, executives, or auditors.
What data sources can Reconcile use?
The supplied information lists accounting systems, billing platforms, CRM tools, BI tools, CSV exports, and Google Sheets as supported data sources.
Does Reconcile create Google Sheets?
Yes. Reconcile generates a final Google Sheet containing financial figures, variance details, validated decisions, and a record of completed controls.
Does Reconcile provide an audit trail?
Yes. The company says its process documents controls, adjustments, and validations and provides an audit trail to help explain important reporting lines.
How long does Reconcile take to produce a deliverable?
The website states J+10, indicating a deliverable ready for monthly review within 10 days based on the stated workflow.
ToolsPedia Rating
- Performance & Speed: 4.1/5.0
- Ease of Setup: 4.2/5.0
- Feature Depth: 4.1/5.0
- Value for Price: 4.0/5.0
- ToolsPedia Score: 4.1/5.0
Final Thoughts
Reconcile takes a focused approach to finance reporting by combining data collection, reconciliation, exception handling, control documentation, and final reporting in one recurring workflow. Its emphasis on audit trails and documented validations makes it particularly relevant for finance teams preparing monthly files for executives, investors, or auditors.
It is less suitable as a replacement for accounting or ERP software, but teams looking to reduce manual reporting work while keeping financial validation in-house may find its specialized approach useful.
