Plurafi
Core Finance

Bank Connectivity & Reconciliation

Real-time bank feeds, ML-powered matching, and a cash position that's always current. Nexus eliminates the monthly reconciliation marathon and gives treasury teams live visibility over every account, in every currency, at every bank.

Bank reconciliation in minutes, not days

Key Capabilities

What Bank Connectivity & Reconciliation does

Open Banking & Direct Feeds

Connect to 10,000+ banks worldwide via Open Banking APIs, Plaid, MX, and direct SWIFT/BAI2 feeds. Transactions appear in Nexus within minutes of posting at the bank.

ML-Powered Transaction Matching

Machine learning matches bank transactions to GL entries with high accuracy. Learns from your corrections. Recurring transactions match automatically after the first time.

Multi-Bank Cash Position

See your consolidated cash position across every account, every bank, and every currency β€” updated in real time. Drill from the summary to the individual transaction in two clicks.

Intraday Liquidity Monitoring

Track same-day cash movements, anticipated receipts, and scheduled payments to maintain optimal liquidity. Alerts when balances fall below defined thresholds.

Multi-Currency Cash Pooling

Physical and notional cash pooling across entities and currencies. FX revaluation applied automatically. Net group cash position always accurate.

Automated Reconciliation

For high-volume accounts, the reconciliation runs itself β€” matching is complete before you open it. Your team reviews exceptions only.

How It Works

  1. 1

    Connect

    Link your bank accounts via Open Banking, Plaid, or direct file feed. Transactions import automatically on a configurable schedule.

  2. 2

    Match

    The ML engine matches bank transactions to GL entries. Clear matches post automatically. Ambiguous items go to your exceptions queue.

  3. 3

    Reconcile & Close

    Review exceptions, resolve differences, and certify the reconciliation. Full audit trail. Period lock prevents post-close changes.

Compliance & Standards

GAAP / IFRS (cash and cash equivalents)SOX (bank reconciliation controls)Basel III (for banking clients β€” intraday liquidity)
Available for:All

Key Outcomes

90%

reduction in manual matching effort

Real-time cash

visibility across all accounts

Reconciliation completed

same-day vs. end of month

Ready to see Bank Connectivity & Reconciliation in action?