Traditional Process
- 01Bank Statement
- 02Download Files
- 03Excel / Manual Comparison
- 04Transaction Matching
- 05Manual Posting
- 06Reconciliation
- 07Finance Sign-Off
SAP & Enterprise Automation
SAP Automated
Bank Reconciliation
Automate bank reconciliation across multiple banks, accounts and currencies directly within your SAP environment.
Rodent Lab designs and implements automated bank reconciliation workflows that reduce manual processing and enable finance teams to focus on exceptions rather than transaction-by-transaction matching.
BANKS Statements
SAP Match · Post · Clear
✓
ReconciledExceptions retained for review
From manual to controlled automation
Transform the reconciliation workflow.
Automated Process
- 01Bank
- 02Electronic Statement
- 03SAP
- 04Automatic Matching
- 05Posting & Clearing
- 06Exception Review
- 07Reconciled
How it works
A clear path from statement to reconciliation.
Bank Statement Integration
Receive structured electronic statements from supported banking institutions.
Statement Validation
Validate account information, balances, currencies, references and transaction data.
Intelligent Matching
Apply predefined reconciliation rules to identify corresponding SAP transactions.
Posting & Clearing
Automatically process eligible transactions and clear matched accounting items.
Exception Management
Route uncertain or unmatched transactions to finance teams for investigation and controlled resolution.
Electronic statement standards
Structured data in.
Reliable processing out.
Statement integration is designed around structured, validated transaction data.
ISO 20022
CAMT.053
Structured end-of-day electronic bank statements.
- CAMT.052Intraday reporting
- CAMT.054Debit and credit notifications
- SWIFT MT940Supported legacy bank statement format
- Bank-specificStructured formats where requirements permit
Available integrations depend on the capabilities and statement formats supported by each banking institution.
USDZWGZAREURGBP+ Other configured currencies
Multi-bank · Multi-currency
One reconciliation framework. Multiple currencies. Multiple banks.
Configure a consistent SAP reconciliation process across bank accounts and currencies while retaining the accounting, exchange-rate and control requirements applicable to each account.
Reconciliation capabilities
Designed around real finance operations.
Customer receipt matching
Connect incoming receipts to open customer items.
Supplier payment reconciliation
Reconcile outgoing payments against supplier items.
Bank charge posting
Apply configured posting rules to identified charges.
Interest income and expense posting
Classify and post recognised interest entries.
Internal bank transfer matching
Link transfers across configured bank accounts.
Foreign currency transaction handling
Retain currency and exchange-rate requirements.
Cash deposit reconciliation
Match deposits using references, value and account data.
Direct debit reconciliation
Reconcile authorised debit activity consistently.
Tax payment matching
Connect tax payments with applicable accounting items.
Payroll clearing
Support controlled clearing of payroll-related entries.
One-to-one matching
Match a single statement item to one open item.
One-to-many matching
Match one statement item across multiple open items.
Many-to-one matching
Consolidate multiple statement items against one item.
Custom reconciliation rules
Model organisation-specific references and tolerances.
Duplicate statement controls
Identify previously received files and statement data.
Opening and closing balance validation
Check statement continuity and reported balances.
Audit trail support
Preserve traceability across processing and resolution.
Reconciliation reporting
Surface status, exceptions and outstanding items.
Exception workflows
Route unresolved items for controlled human review.
Intelligent Matching Rules
Match with context, not guesswork.
Rules may combine payment references, bank transaction IDs, SAP document numbers, invoice numbers, amounts, currencies, counterparties, bank accounts, booking dates, value dates and configurable tolerances.
Bank TransactionReference: INV-45821Amount: USD 12,500
→Matching EngineReference + amount
→SAP Open ItemInvoice: INV-45821Amount: USD 12,500
→✓ Matched & Cleared
Exception Management
Manage Exceptions, Not Every Transaction
Finance teams spend time reviewing transactions that genuinely require human judgement, while eligible matches continue through the defined workflow.
- Amount
- USD 24,750
- Reference
- ABC785421
- Reason
- No exact SAP open-item match identified.
Security and controls
Controls embedded throughout the flow.
Control design is aligned to the organisation’s SAP environment, policies and approval model.
- ✓ Statement completeness checks
- ✓ Duplicate-file detection
- ✓ Duplicate transaction controls
- ✓ Opening/closing balance validation
- ✓ Transaction traceability
- ✓ Controlled exception resolution
- ✓ Reconciliation audit trails
- ✓ User-access controls
- ✓ Secure statement transmission
- ✓ Approval workflows where applicable
Bank Connectivity
Choose the right connection for each environment.
Connectivity architecture is selected based on the organisation's SAP landscape, security requirements and the electronic banking capabilities available from each bank.
Secure APIsSFTPSWIFT connectivitySAP-supported banking connectivity optionsControlled file-based integration
Bank Readiness Assessment
We Assess Your Banks Before Integration
We assess whether each bank can provide suitable structured statements and the information needed for dependable reconciliation.
01ISO 20022 CAMT.053 availability
02Supported CAMT version
03MT940 availability
04Statement frequency
05API availability
06SFTP availability
07Reference quality
08Account identifiers
09Counterparty information
10Transaction codes
11Opening and closing balances
12Test/UAT environment availability
13Multi-currency statement support
Business outcomes
Less repetitive processing. Greater financial visibility.
Reduce Manual Reconciliation
Automate repetitive transaction matching and processing.
Accelerate Month-End Close
Reduce the time finance teams spend reconciling bank accounts.
Improve Financial Controls
Apply consistent matching, exception and validation rules.
Increase Visibility
Provide clearer visibility of outstanding reconciliation items.
Improve Auditability
Maintain transaction-level traceability between statements and accounting entries.
Scale Across Accounts
Use a common framework as additional accounts, currencies or banking relationships are introduced.
Implementation approach
From discovery to continuous optimisation.
- 01Discovery
- 02SAP landscape assessment
- 03Bank capability assessment
- 04Statement/interface design
- 05Reconciliation-rule design
- 06SAP configuration/integration
- 07Testing
- 08User Acceptance Testing
- 09Production rollout
- 10Optimisation
From Rodent Lab Insights
Engineering notes related to this work.
Start the conversation
Ready to automate your bank reconciliation process?
Talk to Rodent Lab about your SAP environment, banking relationships, currencies and current reconciliation process.