BankRecon is web-based bank reconciliation software designed for gas and welding distributors and accounting teams. It runs configured matching rules first, then ranks suggestions with AI for transactions that remain unmatched. A person reviews and approves suggested matches; an approved match can become a permanent rule for future reconciliations. Users upload bank statements as .xlsx or .csv files, and BankRecon detects the date, amount, and description columns. It does not retrieve bank data through direct credentials. General ledger data can be imported from .xlsx or .csv exports, including from QuickBooks, Sage, NetSuite, and Xero; Pro and Enterprise add direct ERP integration. Each user's actions are recorded in an audit trail, while closed reconciliation periods are locked permanently and cannot be changed. The privacy policy says financial data is encrypted in transit with TLS 1.2+ and at rest with AES-256, and hosted on Microsoft Azure. It also says uploaded financial data is used to provide the service and is not sold or shared with third-party analytics, advertising, or data brokerage services. BankRecon offers a free trial without a credit card and says users can cancel anytime. Pricing is on request. CF Automation, a DBA of Crafty Fuen, LLC, identifies itself as the maker; the company says BankRecon began as a custom project for a regional welding distributor.
Who it is for
BankRecon suits gas and welding distributors and accounting teams that reconcile statements against general ledger data. Its plan ranges and multi-entity support also make it relevant to organizations managing different numbers of entities, accounts, transactions, or users.
What is good
- AI ranks suggestions after configured matching rules are applied.
- Approved matches can become permanent rules for future reconciliations.
- Imports bank statements and ledger data from .xlsx or .csv files.
- Per-user audit trails record actions, and closed periods are permanently locked.
- Pro and Enterprise plans add direct ERP integration.
What to know first
- Users must upload bank statements; the service does not use direct bank credentials.
- Starter is limited to 1 entity, 1–2 accounts, about 500 transactions monthly, and 1 user.
- Plan prices are available on request.
Verdict
Consider BankRecon if your team handles reconciliation for gas or welding distribution and wants rules, AI-ranked suggestions, and a review step. It may be a poor fit if you need direct bank connections, since users upload statements, or if you need public plan pricing before contacting the company.
Get started with BankRecon
- Visit https://bankrecon.io/ and start the free trial; no credit card is required.
- Upload a bank statement in .xlsx or .csv format.
- Import general ledger data from an .xlsx or .csv export, or use direct ERP integration on Pro or Enterprise.
- Review and approve the AI-ranked suggestions for transactions that remain unmatched.
- Choose a plan based on your entities, bank accounts, monthly transaction volume, and user count.
Limits to know first
Starter supports 1 entity, 1–2 bank accounts, up to about 500 transactions per month, and 1 user. Standard supports 1–3 entities, 3–10 accounts, up to about 10,000 monthly transactions, and up to 10 users. Pro supports 3 or more entities, 10 or more accounts, 10,000–100,000 monthly transactions, and 10–50 users. Enterprise is for 50 or more users and high-volume reconciliation with custom compliance requirements.
Questions about BankRecon
How much does BankRecon cost?
Pricing is on request. The listed plans are Starter, Standard, Pro, and Enterprise.
Does BankRecon offer a free trial?
Yes. The trial does not require a credit card, and users can cancel anytime. No trial duration is stated.
Which platforms does BankRecon support?
BankRecon is web-based.
Does BankRecon connect directly to bank accounts?
No. Users upload bank statements; BankRecon does not pull bank data using direct credentials.
Which accounting systems can it work with?
General ledger data can be imported from .xlsx or .csv exports, including QuickBooks, Sage, NetSuite, and Xero. Pro and Enterprise add direct ERP integration.
Who makes BankRecon?
The site identifies CF Automation as a DBA of Crafty Fuen, LLC, established in 2024.
BankRecon plans and pricing
All plansCompared on account reconciliation software
- Matching automation
- ai
- Exception workflows
- Yes
- Multi-entity support
- Yes
- Account limit
- 2 accounts
- Approval controls
- Yes