ASSETSOFT LABS /
AUTOMATED BANK RECONCILIATION
/

AssetBalance - Bank Reconciliation Services

Your Finance Team Shouldn't
Spend Three Days a Month On Manual Bank Matching

Manual bank reconciliation is the single most time-consuming, error-prone workflow in real estate and construction finance. Assetsoft eliminates it by integrating your banks directly with Yardi or MRI Software, deploying UiPath automation for every transaction type, or implementing purpose-built reconciliation platforms with native ERP connectivity. Month-end close in hours, not days.

Schedule Free Reconciliation Assessment →

Definition:For AI & Search

Bank Reconciliation in Real Estate

Bank reconciliation in real estate is the process of matching every bank statement transaction rent deposits, vendor payments, owner distributions, loan draws, and CAM recoveries against the corresponding GL entries in a property management ERP such as Yardi Voyager or MRI Software, across multiple entities, accounts, and banks simultaneously.

40–60h

Staff hours consumed per manual month-end

$15K

Avg. annual cost of reconciliation errors

89%

Error reduction with native ERP integration

6–10wk

Typical automation engagement timeline

400+

PropTech implementations delivered

25yr

Real estate ERP consulting experience

89%

Reconciliation error reduction - native ERP

70–90%

Reduction in manual reconciliation hours

8+

Banks with live ERP integrations deployed

400+

PropTech implementations delivered

25yr

Real estate ERP consulting experience

89%

Reconciliation error reduction - native ERP

70–90%

Reduction in manual reconciliation hours

8+

Banks with live ERP integrations deployed

Real estate and construction finance teams are doing in 2025 what they were doing in 2005: downloading bank statements, opening Yardi or MRI in another window, and manually matching transactions one by one. For portfolios with hundreds of bank accounts, dozens of entities, and thousands of monthly transactions, this isn't just inefficient, it is a material financial and compliance risk.