Financial Reconciliation for Enterprises 

When it comes to ‘real-time finance’, enterprises can no longer afford the delays, errors, and fragmented visibility that comes with manual reconciliation. Whether it’s balancing hundreds of bank transactions each day, matching thousands of credit card payments, or recording spend on an expanding purchase-card program (PCard), the business case for automation is clear. Research backs the claim as well. Advanced bank reconciliation capabilities in Dynamics 365 Finance and Operations materially reduces manual workload and accelerates close processes. Similar gains are emerging across card programs where automated matching slashed data entry effort and flags anomalies in real time.   

Yet many Dynamics users still rely on CSV uploads, ad-hoc spreadsheets – processes that introduce risk, consume time and slow down month-end. This blog outlines how SKsoft removes those pain points – unifying bank, credit card, and PCard reconciliation inside Dynamics 365 Finance and Operations so your team can complete reconciliation faster and with total confidence.  

One of the biggest challenges enterprises face in D365 reconciliation is managing high transaction volumes – especially when statement files exceed standard import limits, pushing native tools beyond their capabilities.  Manual file handling not only slows the process and increases the risk or errors; it also exposes organizations to potential fraud and data privacy issues.   

SKsoft’s Advanced Bank Reconciliation directly combats enterprise challenges and pain points all while fully embedded directly into D365. These resolutions include: 

The impact is tangible. Photonics leader Hamamatsu Corporation cut its daily bank-reconciliation time in half—saving at least 15 minutes per day, or roughly 62 hours per year. 

Credit card statements arrive with inconsistent merchant descriptors, multi-line allocations, and frequent currency conversions—complexities that drain hours from finance teams every month. SKsoft eliminates drag with a purpose-built, rule-based matching engine embedded directly inside D365.  Statement files are securely imported and processed, through configurable matching rules that align each swipe with the correct customer payment record – based on amount, date, reference numbers, or criteria that you define. 

Matched items are cleared for reconciliation, while unmatched lines are routed to an exception queue for quick investigation.   

Key Benefits include: 

With SKsoft, finance teams can confidently reconcile high volumes of credit card payments – faster, more securely, and without ever leaving D365. 

PCard programs allow employees to make business purchases quickly, but reconciling those transactions against issuer statements can be a time-consuming and error-prone process. 

SKsoft’s PCard solution includes a dedicated reconciliation function that compares previously recorded transactions – imported using the PCard module embedded in Dynamics 365 Finance – with monthly issue statement files.  Files from Visa, Mastercard, or Amex are securely imported and matched against existing transactions based on predefined mapping and reconciliation rules.   

While BankFabric handles the field mapping and import logic, the reconciliation process takes place directly within Dynamics 365.  The system flags any discrepancies – such as missing lines or mismatched amounts – so finance teams can investigate and resolve them quickly.   

Key benefits include: 

With SKsoft, finance teams can streamline PCard reconciliation, reduce manual effort, and gain visibility into exceptions – without disrupting existing workflows. 

When bank, credit card, and PCard transactions all feed into Dynamics 365 Finance and Operations, finance teams gain a single place to perform all reconciliations. These transactions are managed through SKsoft’s Treasury Automation Suite module – each governed by configurable reconciliation rules designed for their specific use case. There are no duplicated databases or disconnected spreadsheets eroding data integrity; leadership can trust that the balances they see each morning reflect the full cash position, not just the portion covered by yesterday’s manual uploads.  

SKsoft’s engine is powered by banking connectivity, flowing directly through D365, and the entire life cycle is automated end to end. Statement files arrive though secure channels and are processed using two sets of configurable rules – both operating automatically without manual intervention.  Mapping rules create and post journal transactions upon import based on predefined configurations.  Separately, matching rules reconcile those existing transactions against statement lines to clear open items efficiently.  This touch-free process frees individuals to investigate exceptions instead of rekeying data, and cales effortlessly as transaction volumes rise.  

Centralizing reconciliation strengthens internal controls. The operational payoff is swift: issues surface and are resolved daily rather than piling up until month – end. Reconciliation cycles shrink from days to hours, helping to accelerate the overall financial close. Finance leaders can deliver timely, defensible cash insights the business can act on. In short, SKsoft turns Dynamics into the never center for all cash movement data – driving accuracy speed and confidence across the enterprise.  

As mentioned before, Hamamatsu faced a backlog of manual reconciliations stretching over an entire fiscal year. After deploying SKsoft’s Treasury Automation Suite: 

Assistant Controller Chris Esposito called the switch “a considerable time saver,” underscoring the transformative effect of embedded automation. Read the full case study here.  

For 25+ years, SKsoft has pioneered the development of embedded banking and treasury automation software and continues to be a leader in the Microsoft Dynamics 365 channel.    

SKsoft is a premier Microsoft Dynamics ISV, providing solutions and expertise in Banking and Treasury Automation for Microsoft Dynamics 365 Finance and Supply Chain, and Business Central. In addition to embedded software in D365, SKsoft deploys and maintains BankFabric, an application built by developers at SKsoft to provide seamless banking connectivity, so that customers can securely store and transfer files to and from the ERP and their bank.