Product updates
Cointab launches its new reconciliation automation platform
We’re excited to launch the new version of Cointab — rebuilt to help finance teams automate reconciliation across sales, payments, marketplaces, banks, books, COD partners, POS systems, vendors, customers, and other internal or external reports.
Finance teams spend a lot of time comparing files, fixing formulas, checking exceptions, and preparing reports for review or audit. As transaction volumes grow and data comes from more systems, manual reconciliation becomes slow, repetitive, and difficult to manage.
The new Cointab platform is designed to make reconciliation more structured, reusable, transparent, and automation-ready.
What’s new in Cointab
The new version of Cointab brings together everything finance teams need to prepare data, match transactions, review exceptions, and export audit-ready reconciliation reports.
Popular reconciliations
Cointab now supports ready-made reconciliation workflows for common use cases.
Finance teams can start with popular reconciliations such as:
- Sales vs Payment Gateway
- Amazon MTR vs Disbursement
- Marketplace Sales vs Settlement
- COD Partner Reconciliation
- Bank Statement vs Books
- POS Reconciliation
- Vendor Ledger vs Statement
With popular reconciliations, users can upload the required files, select the period, run reconciliation, and review the output without setting up everything from scratch.
Custom reconciliations
For business-specific workflows, users can create custom reconciliations.
A custom reconciliation lets teams define their own Side A and Side B reports, select amount and identifier columns, upload supporting data, and save the workflow for future use.
This is useful for workflows such as:
- ERP Sales vs Payment Gateway Reports
- Books vs Bank Statement
- Vendor Ledger vs Vendor Statement
- Customer Ledger vs Customer Statement
- POS vs Delivery Platforms
- Internal Report vs Partner Report
- Any custom internal vs external data matching process
Once configured, the workflow can be reused every period.
AI-assisted data preparation
Cointab now includes AI-assisted formula creation.
Finance users can describe a calculation in plain English, and Cointab generates an Excel-style formula that can be reviewed and applied to create derived columns.
For example, users can create fields such as:
- Clean Order ID
- Net Amount
- Refund-adjusted Amount
- Delivered COD Amount
- Fee-adjusted Settlement Amount
- Normalized Transaction Reference
These derived columns can be used for matching, reporting, lookup, or output preparation.
Structured and AI-assisted transaction matching
Cointab first applies structured reconciliation logic to match transactions across different scenarios, including:
- One-to-one matching
- One-to-many matching
- Many-to-one matching
- Many-to-many matching
- Partial matching
- Contra and reversal matching
- Net matching
After structured matching is completed, AI helps review difficult open transactions where fixed rules may not be enough.
This is especially useful when references are missing, messy, incomplete, or embedded inside descriptions, remarks, narrations, settlement notes, or partner-specific fields.
AI can help identify possible matches and assist with open-item review while keeping the reconciliation output transparent and reviewable.
Clear reconciliation reports
Once reconciliation is completed, Cointab gives finance teams a clear report showing:
- Fully matched transactions
- Partially matched transactions
- Unmatched records on both sides
- Skipped records
- Difference amounts
- Transaction-level details
- Manual match and undo
- Excel export
The goal is to help finance teams quickly understand what matched, what did not match, and what needs review.
AI-assisted exception analysis
For transactions that remain open, Cointab can help identify possible reasons and next actions.
For example, open items may be caused by:
- Missing files
- Delayed settlements
- Refunds
- Returns
- Short payments
- Deductions
- Duplicate entries
- Timing differences
- Partner-side mismatches
- Internal data issues
This helps finance teams move from “what is unmatched?” to “why is it unmatched and what should we do next?”
Data automation through email, SFTP, and APIs
Once a reconciliation workflow is configured, Cointab can also automate recurring data flow.
Data can be brought into Cointab through:
- SFTP
- APIs
Reconciliation can then run automatically at a scheduled frequency or after the required files are received.
After reconciliation is completed, output can be pushed back to downstream systems such as:
- ERP systems
- Accounting software
- BI dashboards
- Internal finance systems
- Analytics databases
- Data warehouses
This helps finance teams move from manual file uploads to recurring reconciliation automation.
Built for many reconciliation workflows
Cointab can be used across a wide range of finance and operations workflows, including:
- Payment gateway reconciliation
- Marketplace reconciliation
- eCommerce reconciliation
- COD reconciliation
- POS reconciliation
- Bank reconciliation
- Vendor reconciliation
- Customer reconciliation
- ERP / books reconciliation
- Custom internal vs external data reconciliation
Whether the data comes from sales reports, PSPs, marketplaces, banks, COD partners, delivery platforms, POS systems, ERPs, vendors, or customers, Cointab helps teams match records and review exceptions in one structured workflow.
Why we rebuilt Cointab
We rebuilt Cointab to help finance teams reduce repeated Excel work and make reconciliation more reliable, reusable, and audit-friendly.
Our focus is simple:
- Set up reconciliation once
- Reuse it every period
- Automate data flow where possible
- Match transactions accurately
- Use AI where rules are not enough
- Keep results transparent and reviewable
- Give finance teams clear reports they can trust
Get started with the new Cointab
If your finance team spends hours reconciling files every week or month, we’d love for you to explore the new Cointab.
You can start with a popular reconciliation, build a custom workflow, or schedule a guided setup with our team.
Start free:
https://www.cointab.net/
