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AI-Powered Reconciliation Software Designed for Banks

Automate, Accelerate, and Transform Financial Reconciliation with AI

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Levarus Reconciliator is an AI-enabled financial reconciliation platform purpose-built for banks and financial institutions. Designed to handle high-volume, complex, multi-source reconciliations, Reconciliator ensures accuracy, compliance, and operational efficiency across core banking, ATM, payment, treasury, and accounting systems.
 

Trusted by banks across the globe, Levarus Reconciliator replaces manual, error-prone reconciliation processes with intelligent automation, machine learning-driven matching, and seamless system integration.

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Why Levarus Reconciliator

Financial reconciliation is mission-critical for banks. With increasing transaction volumes, multiple data sources, and stringent regulatory requirements, traditional reconciliation methods are no longer sufficient.

Fast

Faster reconciliation cycles

Powered by AI

Higher match accuracy with AI

Integration

Seamless integration with existing banking systems

Want to know more?

Financial reconciliation is mission-critical for banks. With increasing transaction volumes, multiple data sources, and stringent regulatory requirements, traditional reconciliation methods are no longer sufficient

Features

AI-Enabled Auto Match Suggestions

Leverage machine learning algorithms that analyze historical reconciliation patterns and intelligently suggest matches. The system continuously learns from user actions, improving accuracy over time and significantly reducing manual effort.

 

AI reconciliation, machine learning reconciliation, intelligent matching

Multi-Source & Multi-Way Reconciliation

Support for:

  • One-to-One

  • One-to-Many

  • Many-to-Many

  • Two-Way, Three-Way, and Four-Way reconciliation

Easily reconcile data across:

  • Core Banking Systems (CBS)

  • ATM Switches

  • Payment Gateways

  • Treasury Systems

  • ERP & General Ledger

  • SWIFT & FX systems

ATM Reconciliation

Automate end-to-end ATM transaction reconciliation, including:

  • Cash withdrawals

  • Failed and reversed transactions

  • Network and switch settlement mismatches

Ensure faster exception resolution and improved operational control.

 

ATM reconciliation software, bank ATM reconciliation

Single File Suspense Reconciliation

Reconcile debit and credit entries within a single file using source cloning. Ideal for suspense account reconciliation, eliminating the need for multiple source files while maintaining full audit control.

Automated Accounting Journal Creation

For unmatched or difference records, Reconciliator can:

  • Automatically generate accounting journal entries

  • Post journals to external accounting or ERP systems via API or file integration

This ensures faster closure and reduced manual accounting effort.

 

automated journal entries, accounting reconciliation automation

Flexible Matching Rules & Tolerance Handling

  • Configure multiple matching rules with prioritization

  • Support for amount tolerance, percentage variance, and date difference

  • One-to-many grouping and aggregation logic

Designed to handle real-world banking reconciliation scenarios.

Manual Match, Unmatch & Approval Workflow

  • User-friendly manual override for exceptions

  • Multi-level approval workflows

  • Full audit trail of all actions

Perfect for compliance, audit, and regulatory reporting.

Data Transformation & Cleansing

Prepare reconciliation-ready data with built-in transformation features:

  • Remove duplicates

  • Merge or derive columns

  • Apply formula-based calculations

  • Trim, replace, append, and cleanse data

Seamless Integration & Automation

  • File-based integration (Excel, CSV, TXT, XML, JSON)

  • API-based real-time data ingestion

  • FTP and scheduled reconciliation runs

  • Ad-hoc and automated execution

Real-Time Monitoring, Alerts & Audit Trails

  • Process monitoring dashboards

  • Email alerts for failures, delays, and exceptions

  • Complete reconciliation logs for audits and compliance

Enterprise-Grade Security

  • Role-Based Access Control (RBAC)

  • Department-level approvals

  • Secure authentication and authorization

  • Masking of sensitive data (PIN No, card numbers, accounts)

Business Benefits

Up to 80% reduction in manual reconciliation effort
Faster month-end and day-end closure
Improved reconciliation accuracy with AI
Reduced operational risk and financial leakage
Audit-ready with complete traceability
Scalable for high transaction volumes

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Transforming Reconciliation: Accuracy, Speed, and Scale

  • Up to 80% reduction in manual reconciliation effort

  • Faster month-end and day-end closure

  • Improved reconciliation accuracy with AI

  • Reduced operational risk and financial leakage

  • Audit-ready with complete traceability

  • Scalable for high transaction volumes

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