Bank Reconciliation Outsourcing: Achieve 99.9% Accuracy Without the Headache

The Reconciliation Problem

Bank reconciliation is essential but tedious. It requires matching thousands of transactions, investigating discrepancies, and ensuring every dollar is accounted for. For growing businesses, the volume of transactions makes manual reconciliation increasingly unsustainable.

Why In-House Reconciliation Falls Behind

As transaction volumes grow, in-house teams struggle to keep up. Reconciliation backlogs lead to late financial closes, undetected errors, and potential fraud exposure. Many companies are 30-60 days behind on their reconciliations.

The Outsourcing Solution

Daily Reconciliation

Instead of monthly batch reconciliation, our team reconciles your accounts daily. This means discrepancies are caught and resolved within 24 hours, not weeks later.

Multi-Account Coverage

Bank accounts, credit cards, intercompany accounts, merchant processors - we handle all types of reconciliation across all your financial accounts.

Technology-Enhanced Process

We combine human expertise with automation tools to process high transaction volumes efficiently while maintaining 99.9% accuracy rates.

Types of Reconciliation We Handle

• Bank reconciliation (checking, savings, money market)
• Credit card reconciliation
• Intercompany reconciliation
• Merchant/payment processor reconciliation
• Balance sheet reconciliation
• Vendor statement reconciliation

Results You Can Expect

Clients who outsource reconciliation to Zavira typically see: 99.9% accuracy rates, 70% faster month-end close, and complete elimination of reconciliation backlogs within the first month.