Ending spreadsheet reconciliation: what audit-ready really means

Reconciliation still runs on spreadsheets at many institutions — a model that cannot scale with modern payment volumes across cards, switch, instant payments, wallets, ATM and merchant files.

What changes with a matching engine

A rule-based engine matches across every source automatically, while an exception lifecycle assigns each break an owner, an action, an evidence trail and a controlled closure. The payoff is typically a 40% reduction in reconciliation effort and, crucially, audit-ready proof.