Automated bank reconciliation via Codat and AI
Swiftask integrates with Codat to sync your financial data. Your AI agents automatically match bank statements against your accounting records.
Result:
Eliminate manual discrepancies, save hours every month, and ensure your financial data is always accurate.
AI Agents
codat
Connector codat · Secure OAuth 2.0
Manual bank reconciliation is costly
Bank reconciliation is often a repetitive task prone to errors. Your finance team spends hours comparing Excel files, identifying missing transactions, and fixing data entry mistakes. It is a bottleneck that slows down your monthly closing.
Main negative impacts:
High risk of human error
Manual handling of thousands of transaction lines increases error rates, making your accounting less reliable.
Delayed monthly closing
Time spent on reconciling accounts delays financial reporting, preventing fast decision-making.
Hidden operational costs
The human cost of this low-value task is significant for any growing business.
Swiftask connects Codat to your accounting systems to automate reconciliation. Your AI agents analyze flows in real-time, identify matches, and flag anomalies instantly.
BEFORE / AFTER
What changes with Swiftask
The traditional way
The finance team exports bank statements, imports them into software, tries to match transactions with invoices, and spends hours investigating discrepancies.
With Swiftask and Codat
Data flows automatically via Codat. The Swiftask AI agent performs reconciliation 24/7. Only complex cases requiring human intervention are flagged.
Automate your reconciliation in 4 steps
1
STEP 1 : Secure connection via Codat
Connect your accounting and banking platforms to Swiftask using Codat's secure infrastructure.
2
STEP 2 : Set matching rules
Configure matching criteria (amounts, dates, references) within the Swiftask no-code interface.
3
STEP 3 : Automated AI execution
The AI agent processes new transactions as they arrive, ensuring continuous reconciliation.
4
STEP 4 : Validation and reporting
Review the dashboard to validate completed reconciliations and manage exceptions identified by the AI.
Advanced features for your finance department
The AI agent analyzes transaction labels, dates, currencies, and amounts to maximize the automatic matching rate.
- Target connector: The agent performs the right actions in codat based on event context.
- Automated actions: Automatic multi-account reconciliation. Intelligent duplicate identification. Payment anomaly alerts. Audit report generation. Bidirectional sync with accounting tools via Codat.
- Native governance: All agent actions are logged to meet financial compliance requirements.
Each action is contextualized and executed automatically at the right time.
Each Swiftask agent uses a dedicated identity (e.g. agent-codat@swiftask.ai ). You keep full visibility on every action and every sent message.
Key takeaway: The agent automates repetitive decisions and leaves high-value actions to your teams.
Strategic benefits for your finance team
Absolute accounting accuracy
AI eliminates entry and matching errors, ensuring exact financial statements.
Drastic reduction in closing time
Move from a multi-day closing process to real-time reconciliation.
Scalability without hiring
Manage increasing transaction volumes without adding to your finance team's workload.
Real-time visibility
Access an accurate view of your cash flow at any time.
Simplified compliance
Comprehensive reconciliation history makes audits and regulatory compliance easy.
Financial security and integrity
Swiftask applies enterprise-grade security standards for your codat automations.
- Codat-certified infrastructure: We use Codat's secure protocols to guarantee the integrity of your financial data.
- Data encryption: All data passing through Swiftask is encrypted at rest and in transit.
- Granular access control: Precisely define access rights to your financial data within the platform.
- Full financial audit: Every reconciliation decision made by the agent is documented for your audit needs.
To learn more about compliance, visit the Swiftask governance page for detailed security architecture information.
RESULTS
Impact on your financial performance
| Metric | Before | After |
|---|---|---|
| Reconciliation time | Several days per month | Minutes (exceptions only) |
| Error rate | Variable (human risk) | Near 0% (AI) |
| Cash flow visibility | Delayed (monthly) | Real-time |
| Team productivity | Manual entry | Strategic analysis |
Take action with codat
Eliminate manual discrepancies, save hours every month, and ensure your financial data is always accurate.