Capabilities · Balance reconciliation
Vendor, customer and intercompany balances agreed with evidence
Rever is automated account reconciliation software: Matcher agrees open items across vendor statements, customer accounts and intercompany ledgers. Investigator traces the differences that persist, Evidence keeps the confirmations and support with the workpaper, and Steward keeps stalled confirmations visible. Confirmations and adjustments go out only with your approval.
Never writes to your systems · Zero-day scan · 100% coverage · Your team keeps the final say
01Where the work breaks
Why balances disagree for months
Statements arrive in every format, open items are ticked by eye, and disputed balances linger.
- 01
Statements arrive as PDFs and portal exports, and the work starts with retyping
- 02
Open items are ticked by eye, so credits, short payments and timing differences sit unexplained
- 03
A confirmation goes unanswered, nobody owns the second ask, and the balance stays disputed
- 04
Intercompany is reconciled last, so eliminations break at consolidation
02How Rever works
How Rever runs account reconciliation
Connect, build context and unlock value, then verify the outcome. The same shape as every Rever procedure.
- Step 01
Connect your systems
Link your ERP, subledgers, incoming statements and confirmations. Rever reads through their APIs and works on its own copy. Nothing in your systems changes.
- Step 02
Run the zero-day scan
Eve maps counterparties and entities, then the zero-day scan agrees open items and lists every difference with its age.
- Step 03
Agents work continuously
Matcher agrees balances as statements land, on 100% of in-scope accounts. Investigator explains the differences; Steward flags stalled confirmations.
- Step 04
Approve from one Inbox
Confirmation requests, dispute notes and adjusting entries arrive prepared with evidence. Once approved, your team sends the requests and loads the entries as an import file. The outcome is verified against the source before it counts.
03What your team gets
Evidence you can follow. Decisions you keep.
Statements agreed line by line
Matcher reconciles vendor statements, customer accounts and intercompany balances to your ledger, checking amounts, dates and references on every open item.
Differences investigated and aged
Investigator traces timing differences, unapplied credits and disputed items to their cause and establishes the financial effect.
Confirmations chased until answered
Confirmation requests are prepared for your approval, tracked until they are answered, and Steward flags anything that stalls.
Intercompany agreed before consolidation
Intercompany balances are agreed on the same record as the rest, so intercompany differences are visible before consolidation.
04Before and after
Manual balance reconciliation versus Rever
| Dimension | Manual reconciliation | Rever |
|---|---|---|
| Statements | Retyped from PDFs and portals | Read as documents, agreed line by line |
| Open items | Ticked by eye | Reconciled on 100% of in-scope accounts |
| Differences | A list of unexplained balances | Explained and aged, with the evidence |
| Confirmations | Sent once, rarely chased | Prepared, approved, tracked until answered |
| Intercompany | Reconciled last | Agreed continuously, before consolidation |
| Workpapers | Assembled on request | Kept with the work, ready in Excel |
05The agents on this job
6 of the fifteen, coordinated by Eve
Eve brings the business context and names one lead for each finding. On balance reconciliation, Matcher leads. The lead owns the conclusion, supporting agents contribute the checks it rests on, and Eve adds specialists as your approved scope requires. Every decision goes to your team.
Matcher
Agrees vendor statements, customer accounts and intercompany balances line by line, and separates timing differences from real disputes.
Full scope Agent 06 · SupportingInvestigator
Resolves persistent differences by reading the documents behind them and identifying the party, invoice or period that causes them.
Full scope Agent 12 · SupportingEvidence
Keeps confirmations, statements and the reconciliation history linked to each balance.
Full scope Agent 14 · SupportingSteward
Tracks outstanding confirmation requests and stalled reconciliations, and shows what a delay does to the close.
Full scope Agent 07 · SupportingJournal
Prepares the approved adjustments as an import file your team loads.
Full scope Agent 08 · SupportingClose Orchestrator
Carries the agreed intercompany balances and their open differences into the close checklist.
Full scopeThe evidence behind each check
Examples of the transaction checks behind this work. Matcher compares the evidence legs field by field, a leg can hold several linked records, Investigator adds a fourth or fifth document when the first three disagree, and the specialist owns the financial conclusion.
| Transaction family | Three evidence legs | What is compared | Financial lead |
|---|---|---|---|
| Intercompany transaction | Intercompany agreement · Billing or settlement document · Reciprocal book records | Entity pair, scope, period, currency and reciprocal amount | Close Orchestrator, Matcher |
| AP settlement | Approved supplier invoice · Payment allocation or remittance · Bank debit | Payee, bank reference, amount, currency, discounts and partial settlement | Spend Guard, Matcher |
| AR settlement | Customer invoice · Remittance allocation · Bank credit | Customer, invoice allocation, currency, short payment and timing | Revenue Assurance, Deduction |
| Debt and interest | Loan agreement · Lender statement or schedule · Bank settlement | Principal, rate, due date, covenant-related charges and allocation | Journal, Matcher |
06FAQ
Questions about balance reconciliation
What does balance reconciliation mean with Rever?
General ledger reconciliation for your vendor, customer and intercompany accounts: each counterparty's statement is agreed to your own ledger, differences are investigated, unresolved items are aged and every confirmation is tracked until it is answered. The agents do the agreeing; your team decides on the differences.
Does Rever send confirmations to our vendors and customers?
Rever prepares them; your team approves them. A confirmation request, dispute note or adjustment waits in the Inbox until it is released, and it is tracked until answered.
Does it cover intercompany?
Yes. Intercompany balances are agreed on the same record as vendor and customer balances, so differences are visible before consolidation.
Will Rever change our source data?
No. Rever reads your ERP, bank and payment records through their APIs, keeps a working copy inside Rever (the shadow ledger) and does every check, reconciliation and calculation there, during the zero-day scan and after it. Your ERP stays the system of record.
What does a free Proof of Value show?
You connect your systems and Rever works on a limited period of your data, so you can see how it works on your own records before signing up. We walk through what was checked, the supported findings and their financial significance, and the actions required to pursue value.
What does 100% coverage mean?
Every in-scope transaction in the connected population is included in the relevant checks. Missing sources, documents and blocked procedures remain visible.
See your own balances agreed
Get a free Proof of Value on a limited period of your statements, with differences investigated and open items visible.