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Embat Bank Reconciliation

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Embat Bank Reconciliation's own site

What Embat Bank Reconciliation is

Embat Bank Reconciliation matches bank transactions with journal entries, posts entries to the general ledger and reconciles them automatically. Direct API connections link the service to more than 15,000 financial institutions. Its TellMe feature matches payments with open accounts payable or receivable documents and suggests general ledger accounts using learned patterns. It supports one-to-one, multiple-invoice and partial-payment matching. A dashboard compares bank and accounting balances for a selected period, with reports exportable to Excel or PDF. Bidirectional ERP connectors cover SAP, Oracle NetSuite, Microsoft Dynamics 365, Sage and more than 20 other systems. Payment connections include Stripe, Adyen, PayPal, Redsys, Worldpay, Mercado Pago, Checkout, FB500, Nuvei and American Express. The service supports multiple currencies and API access. Embat says customers typically reach more than 90% automation, starting at 65–80% in the first weeks. Each general ledger entry is logged with its method, timestamp, user, triggering rule and matching criteria. Embat is based in Madrid and was founded in 2021. Pricing is available on request; there is no free plan.

Who it suits

Embat describes its target customers as medium and large companies and finance teams managing multiple entities, currencies and banking relationships. It may suit teams seeking automated bank matching across ERP and payment systems.

What it does well

  • Direct connections to more than 15,000 financial institutions
  • Matches one-to-one, multiple-invoice and partial payments
  • Exports reconciliation reports to Excel or PDF
  • Logs general ledger entries with audit details

What to know first

  • No free plan
  • Pricing is available on request
  • License scope may be limited by the Purchase Order

Limits

The service has no free plan, and pricing is tailored. A purchase order can limit use by bank accounts and users, with excess use invoiced under agreed terms.

Plans

PlanBilled and limitsPrice
Tailored pricingmodular plans · optional upgrades · personalised proposalOn request

As embat.io lists them, read 1 Oct 2026. The maker's own page has the final word.

Getting started

  1. Open the Embat Bank Reconciliation website
  2. Request a tailored proposal
  3. Connect bank accounts through direct APIs
  4. Connect accounting and payment systems
  5. Configure matching and reconciliation rules
  6. Go live after the implementation period

Verdict

Embat combines bank matching, ERP and payment integrations, and entry-level audit records for finance teams managing complex banking relationships. Pricing is tailored, and license scope can depend on the Purchase Order, so buyers should clarify both.

Questions

What platforms does Embat Bank Reconciliation support?

It supports web and API access.

Does Embat offer a free plan?

No. Pricing is paid and available on request.

Which accounting systems can it connect to?

Listed connectors include SAP S/4HANA, SAP ECC, SAP Business One, Oracle NetSuite, Microsoft Dynamics systems, Sage Intacct, DATEV, Workday, Odoo, Holded, Ekon, and Zoho ERP.

Can it match invoices and payments?

Yes. TellMe handles one-to-one, multiple-invoice, and partial-payment invoice matching, as well as open AP and AR documents.

How does it protect data?

Embat states that stored data uses AES-256 encryption, transmitted data uses TLS 1.2 or higher, and customer data is isolated through database sharding. It also states that the service is certified to ISO/IEC 27001 and SOC 2 Type II.

Facts from Embat Bank Reconciliation's own pages

AI matching
TellMe matches payments against open AP/AR documents and suggests GL accounts using learned patterns. · embat.io, 1 Oct 2026
Audit trail
Every GL entry is logged with its method, timestamp, user, triggering rule, and matching criteria. · embat.io, 1 Oct 2026
Automation rate
Embat says customers typically reach 90%+ automation, starting at 65–80% during the first weeks. · embat.io, 1 Oct 2026
Bank connectivity
Direct API connections connect Embat to more than 15,000 financial institutions. · embat.io, 1 Oct 2026
Data protection
The security page states that stored data uses AES-256 encryption, transmitted data uses TLS 1.2+, and customer data is isolated through database sharding. · embat.io, 1 Oct 2026
ERP integrations
Bidirectional connectors support SAP, Oracle NetSuite, Microsoft Dynamics 365, Sage, and more than 20 other ERPs. · embat.io, 1 Oct 2026
Founded
2021 · embat.io, 28 Sept 2026
Headquarters
Madrid, Spain · embat.io, 28 Sept 2026
Implementation
Embat says it typically goes live in 4–6 weeks for mid-market groups and has no on-premise infrastructure to maintain. · embat.io, 1 Oct 2026
Invoice matching
TellMe supports one-to-one, multiple-invoice, and partial-payment invoice matching. · embat.io, 1 Oct 2026
License scope
The service license can be limited by the Purchase Order's scope of use, including bank accounts and users, with excess use invoiced under the agreed terms. · embat.io, 1 Oct 2026
Payment integrations
The platform integrates with Stripe, Adyen, PayPal, Redsys, Worldpay, Mercadopago, and other payment gateways. · embat.io, 1 Oct 2026
Purpose
Embat matches bank transactions to journal entries, posts them to the general ledger, and reconciles the entries automatically. · embat.io, 1 Oct 2026
Reconciliation reports
The dashboard compares bank and accounting balances for a selected period and exports reports to Excel or PDF. · embat.io, 1 Oct 2026
Security
Embat states that its bank-reconciliation software is certified to ISO/IEC 27001 and SOC 2 Type II and runs on Google Cloud Platform. · embat.io, 1 Oct 2026
Target customers
Embat describes its customers as medium to large companies and finance teams managing multiple entities, currencies, and banking relationships. · embat.io, 1 Oct 2026

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