Reconciliation (also called account reconciliation) is the process of matching your bank transactions against your General Ledger (GL) to confirm they align. It helps teams catch discrepancies, identify missing entries, and keep financial records accurate.
ALK automates matching using AI. You provide bank data and GL data (via an integration or manual upload). ALK compares both datasets, flags exceptions, and produces an output you can review.
There are two ways to provide your data:
This workflow is typically used by finance teams and reconciliation owners supporting period-end close, audit preparation, or ongoing transaction matching.
Before you run your first reconciliation, you need: