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Cash Management

Statement Reconciliation

The Statement Reconciliation module in Cobase ensures that all expected bank statements are received on time, in full, and in the correct format. It helps treasury teams monitor the completeness and consistency of inbound reporting data across all bank connections — giving early warning when files are missing, delayed, or incomplete.

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Always in control of

Inbound reporting

With Cobase, finance teams no longer need to manually check if statements have arrived. The Statement Reconciliation module provides a clear, automated overview of statement delivery performance — so you can focus on decisions, not chasing files.

FutureProof
Statement completeness checks

Configure expected statement frequency (e.g. daily, intraday) per bank account, and let Cobase monitor whether the required statements arrive as scheduled.

SmartWorkFlow
Format and content validation

Validate that received statements meet format expectations (e.g. MT940, CAMT.053, BAI2) and contain the appropriate level of detail.

AuditTrail
Exception monitoring

Flag missing, duplicate, delayed, or incomplete statements for review. Set up alerts to ensure prompt follow-up with the relevant bank.

BankConnections
Multi-bank coverage

Monitor statement completeness across all connected banks and channels (SWIFT, EBICS, Host-to-Host, API).

Key features

Configurable statement expectations per account
Monitoring of MT940, CAMT.053, BAI2, and CSV files
Alerting for missing, delayed, or malformed statements
Support for end-of-day reports
Dashboard and logs showing statement receipt status
Works across all Cobase connectivity types
No duplicate reporting: Cobase checks for missing and duplicate files
Access and alerts based on user roles and entities

Frequently asked questions

What is this module used for?

It’s designed to monitor whether all expected bank statements are received on time and in the correct format.

Which formats are supported?

Cobase supports MT940, CAMT.053, CAMT.052, BAI2, and CSV.

Can I set specific delivery expectations?

Yes. You can define per-account schedules — daily, or weekly — including expected cut-off times.

Does it alert when something is missing?

Yes. Cobase flags and alerts users about missing, delayed, duplicate, or incomplete statement files.

Is this different from transaction reconciliation?

Yes. This module focuses on the completeness of incoming statements — not on matching transactions to internal records.

Interested?

Manage all your bank accounts centrally with Cobase

Simplify your cash management and save valuable time. One platform, complete control over all your financial flows.
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