Bank reconciliation that matches itself against the documents you already posted.
Manual bank reconciliation is one of the most time-consuming, lowest-value tasks in finance — and it is almost entirely mechanical. TrackElan imports bank statement lines and matches them against posted AR receipts, AP payments, and manual journal entries using reference and amount rules, so the reconciler is only looking at genuine exceptions.
Cash position rolls up across bank accounts and companies in one view, which matters most for the multi-company setups TrackElan is built around.
Cut bank reconciliation from days to an exception review
Get a consolidated cash position across every company and bank account you run
Catch unauthorized or duplicate transactions faster with automated matching
Skip a dedicated treasury add-on — cash management ships in the base Finance module
Directional estimates based on typical mid-market rollouts. TrackElan cost index is normalized to 1.0; SAP/Oracle figures reflect license, implementation-partner, and BI add-on costs common at this deployment size.
| Capability | TrackElan | SAP | Oracle | Spreadsheets / Legacy |
|---|---|---|---|---|
| Native financials in the base license | Extra module/SKU | Extra module/SKU | ||
| Reporting & pivots included | Separate BI license | Separate BI license | Manual only | |
| Typical go-live | 2–4 weeks | 9–12+ months | 8–10+ months | N/A |
| Implementation partner required | ||||
| Data stays reconciled automatically |