Embat Bank Reconciliation
5.3#22 in payment reconciliation softwareWebAPI
VisitEmbat Bank Reconciliation vs MatchIQ
What both publish
| Fact | Embat Bank Reconciliation | MatchIQ |
|---|---|---|
| Founded | 2021 | The founder's company biography states ReconcileIQ was officially founded in April 2025. |
| Headquarters | Madrid, Spain | United Kingdom |
| Invoice matching | TellMe supports one-to-one, multiple-invoice, and partial-payment invoice matching. | Invoice-to-payment matching weights amount, description and date, and includes a 150-day late-payment window. |
| Purpose | Embat matches bank transactions to journal entries, posts them to the general ledger, and reconciles the entries automatically. | MatchIQ, ReconcileIQ's bank reconciliation tool, matches bank statements against accounting records, identifies discrepancies, and can push fixes back to accounting software. |
| 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. | The product page says it uses AES-256 encryption, processes files in isolated environments, deletes them automatically, and is GDPR compliant and ICO registered. |
Embat Bank Reconciliation plans
- Tailored pricingPriced on request
MatchIQ plans
- Start FreeFree
- Starter£10 a month
- Accountant£30 a month
- Practice Essential£149 a month
- Practice Pro£299 a month
- Enterprise£799 a month
Pick Embat Bank Reconciliation if…
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.
Pick MatchIQ if…
ReconcileIQ suits accountants, accounting professionals, and business owners who need to match statements with accounting records. Its integrations and correction workflow may suit users working with the listed accounting products.