AI Agent for Automated Bank Statement Reconciliation
Transform your financial analysis with our cutting-edge AI solution that processes bank statements 10x faster than traditional methods. Join over 500+ financial institutions already benefiting from automated reconciliation.
Transforming Financial Analysis with AI
Manual reconciliation of bank statements is time-consuming, error-prone, and often lacks deep insights—especially for lenders, auditors, and underwriters. This project showcases an AI-powered reconciliation agent that automates the processing of 6 to 12 months of bank statements, delivering structured, insightful financial data in seconds.
Revolutionizing Financial Analysis with AI
Experience the future of financial analysis with our cutting-edge AI solution. We're transforming traditional bank statement reconciliation into an intelligent, automated process that delivers 90% faster processing and 99.9% accuracy. Join the growing community of financial institutions that have already embraced this revolutionary technology.
Automated Statement Parsing
No manual data entry—just upload the file and let our AI handle the rest.
Comprehensive Analysis
Instantly extract detailed insights like salary inflow, EMI obligations, online transfers, and more.
Fraud & Anomaly Detection
Identify suspicious patterns like round-tripping, RTGS red flags, or inconsistent balances.
Loan Application Support
Supports automated assessment of creditworthiness for both individuals and businesses.
Scalable & Secure Architecture
Built on cutting-edge cloud infrastructure with microservices architecture, ensuring high performance, scalability, and enterprise-grade security.
Frontend Dashboard
- Allows users to upload statements, select banks (e.g., Kotak Mahindra), define loan types, and manage related party details
- Displays all analytical results in a clear, tabular format
AI Agent Backend
- Parses PDF bank statements using OCR and NLP modules
- Leverages AI models to detect income, categorize expenses, and analyze balances
- Runs checks for financial anomalies like round-tripping, balance mismatches, and suspicious transfers
Data Layer
- Organizes data month-wise for credits, debits, EMIs, and EOD balances
- Stores metadata such as bank name, account number, and customer references
Custom Workflows
- Built with DebitMerge, enabling configurable financial templates tailored for various loan types and banks
Comprehensive Financial Analysis Tools
Our AI-powered platform combines cutting-edge technology with intuitive design to deliver powerful financial analysis capabilities. From automated statement processing to advanced fraud detection, we provide everything you need for efficient financial management.
Bank-Agnostic Upload
Supports statements from Indian banks like Kotak Mahindra and more
Monthly Analysis
Tracks trends in credits and debits, including online transactions and cash withdrawals
EMI Tracking
Identifies recurring financial obligations and due dates
EOD Balance Monitoring
Helps understand daily account health and trends
Charges Detection
Highlights service charges and penalty fees
Anomaly Detection
- • Round-tripping patterns
- • Suspicious RTGS/NEFT transactions
- • Balance inconsistencies
Overcoming Challenges
How we tackled key technical and operational challenges
Challenge
Parsing diverse bank statement formats
Solution
Developed flexible parsing modules using AI + Regex + OCR that adapt to various layouts
Challenge
Identifying fraud without human review
Solution
Integrated AI-based pattern recognition and anomaly flags to surface unusual financial activity
Challenge
Handling multiple banks and account types
Solution
Enabled bank-specific workflows and modular analysis logic
Challenge
Ensuring privacy and compliance
Solution
Used secure data handling, masking sensitive info, and role-based access to dashboards
Challenge
Scalability with large volumes of data
Solution
Optimized backend for asynchronous processing and job queuing
Latest Innovations
Discover our cutting-edge features that are transforming financial analysis
AI-Powered Analysis
Our advanced AI algorithms process complex financial data in real-time, providing instant insights that would traditionally take hours or days to compile. The system learns from each analysis, continuously improving its accuracy and detection capabilities.
With machine learning at its core, our solution adapts to new transaction patterns and evolving financial behaviors, ensuring you stay ahead of the curve in financial analysis.
Real-Time Monitoring
Stay on top of your financial health with our real-time monitoring system. Track transactions, balances, and patterns as they happen, enabling immediate response to any anomalies or opportunities.
Our dashboard provides live updates and instant notifications, ensuring you never miss critical financial movements or potential issues.
Smart Automation
Eliminate manual reconciliation tasks with our intelligent automation suite. From data entry to pattern recognition, our system handles the heavy lifting, allowing your team to focus on strategic decision-making.
Custom workflows and automated reporting ensure consistency and accuracy across all financial processes.
Advanced Security
Protect sensitive financial data with our enterprise-grade security features. Multi-layer encryption, secure access controls, and continuous monitoring ensure your data remains protected at all times.
Regular security audits and compliance checks maintain the highest standards of data protection and privacy.
Ready to Transform Your Financial Analysis?
Join the growing community of financial institutions that have revolutionized their reconciliation process. Our AI-powered solution reduces processing time by 90% and improves accuracy to 99.9%. Start your journey towards automated financial excellence today.