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Published on September 21, 2023

NEW darwin.Cloud feature: Automatic Bank reconciliations

darwin.Cloud now includes automatic bank reconciliation.

darwin.Cloud now includes automatic bank reconciliation

With darwin.Cloud, you can connect all your bank accounts to darwin and let the newest technology do your bank reconciliations for you.

You setup your bank account authorization within darwin.Cloud.  Then, each day, your bank sends all your bank activity into darwin automatically.  When you're ready to do your bank reconciliation, darwin already “knows” all the deposits and checks that have cleared your bank account.  It auto-matches the checks and deposits from your bank to the checks and deposits in darwin.  Our testing shows that over 90% of the items in darwin successfully auto-match.

This new technology is a huge timesaver.  You can free your accounting staff to do valuable work like budgets and forecasting.  Bank reconciliations are essential. They are the proof of our financial reports and a hedge against any kind of fraud.  

But up till now, they have always taken alot of time.  Get that time back with this important efficiency tool now available for all darwin.Cloud users.
 

Watch this short video to learn more

Ready to evolve?

Request a demo or learn more about the power of darwin.