Embat Bank Reconciliation
Embat Bank Reconciliation automates matching bank transactions with journal entries, posting them to the general ledger, and reconciling the results.
What Embat Bank Reconciliation is
Embat Bank Reconciliation automates matching bank transactions with journal entries, posting them to the general ledger, and reconciling the results. Direct API connections link the service to more than 15,000 financial institutions. Its TellMe feature matches payments with open accounts payable or receivable documents and suggests ledger accounts from learned patterns; it supports one-to-one, multiple-invoice, and partial-payment matching. A dashboard compares bank and accounting balances for a selected period, with reports exportable to Excel or PDF. Bidirectional connectors cover SAP, Oracle NetSuite, Microsoft Dynamics 365, Sage, and more than 20 other ERP systems. The service also connects to payment gateways, supports multiple currencies, and provides an API. Embat describes medium and large companies and finance teams managing multiple entities, currencies, and banking relationships as its target customers. Pricing is available on request, and there is no free plan.
Good
- Direct connections to over 15,000 financial institutions
- Matches invoices, including partial payments
- Reports export to Excel or PDF
- Supports multiple currencies
- Logs method, timestamp, user, rule, and matching criteria
Watch out
- No free plan
- Pricing is available on request
- Typical implementation takes 4–6 weeks for mid-market groups
Who it suits
Embat suits finance teams at medium to large companies managing multiple entities, currencies, or banking relationships. It may be relevant to organizations using supported accounting systems, ERPs, and payment gateways.
Verdict
Embat combines bank matching, ledger posting, and reconciliation reporting with a broad set of integrations. Confirm the tailored pricing, implementation timeline, and license scope for your intended use.
Plans and prices
From Embat Bank Reconciliation's own pricing page, checked 1 Oct 2026.
| Plan | Price | What it gives you |
|---|---|---|
| Tailored pricing | Priced on request | modular plans · optional upgrades · personalised proposal |
The facts
Each one read from Embat Bank Reconciliation's own pages, with the date it was checked.
What it does
- AI matching
- TellMe matches payments against open AP/AR documents and suggests GL accounts using learned patterns.checked 1 Oct 2026
- Audit trail
- Every GL entry is logged with its method, timestamp, user, triggering rule, and matching criteria.checked 1 Oct 2026
- Automation rate
- Embat says customers typically reach 90%+ automation, starting at 65–80% during the first weeks.checked 1 Oct 2026
- Bank connectivity
- Direct API connections connect Embat to more than 15,000 financial institutions.checked 1 Oct 2026
- Data protection
- The security page states that stored data uses AES-256 encryption, transmitted data uses TLS 1.2+, and customer data is isolated through database sharding.checked 1 Oct 2026
- ERP integrations
- Bidirectional connectors support SAP, Oracle NetSuite, Microsoft Dynamics 365, Sage, and more than 20 other ERPs.checked 1 Oct 2026
- Implementation
- Embat says it typically goes live in 4–6 weeks for mid-market groups and has no on-premise infrastructure to maintain.checked 1 Oct 2026
- Invoice matching
- TellMe supports one-to-one, multiple-invoice, and partial-payment invoice matching.checked 1 Oct 2026
- License scope
- The service license can be limited by the Purchase Order's scope of use, including bank accounts and users, with excess use invoiced under the agreed terms.checked 1 Oct 2026
- Payment integrations
- The platform integrates with Stripe, Adyen, PayPal, Redsys, Worldpay, Mercadopago, and other payment gateways.checked 1 Oct 2026
- Purpose
- Embat matches bank transactions to journal entries, posts them to the general ledger, and reconciles the entries automatically.checked 1 Oct 2026
- Reconciliation reports
- The dashboard compares bank and accounting balances for a selected period and exports reports to Excel or PDF.checked 1 Oct 2026
- Security
- Embat states that its bank-reconciliation software is certified to ISO/IEC 27001 and SOC 2 Type II and runs on Google Cloud Platform.checked 1 Oct 2026
- Target customers
- Embat describes its customers as medium to large companies and finance teams managing multiple entities, currencies, and banking relationships.checked 1 Oct 2026
The company
- Founded
- 2021checked 28 Sep 2026
- Headquarters
- Madrid, Spainchecked 28 Sep 2026
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