BankStatementMatcher vs Reconciler
BankStatementMatcher
bankstatementmatcher.com
Reconciler
reconciler.coSide by side
| Figure | BankStatementMatcher | Reconciler |
|---|---|---|
| Price from | $9.99/mo | $2.42/mo |
| Free plan | Yes | — |
| Free trial | Yes | — |
| Open source | — | — |
| Web | Yes | Yes |
| API | Yes | — |
| Plans published | 9 | 4 |
| Spec score · Payment Reconciliation Software | 9.1 (#1) | 7.1 (#19) |
| Matching | Matching uses references and amounts, supports partial or fuzzy matches, and provides confidence scores. | It matches transactions using amount, date, memo, and processor references. |
| Purpose | It converts bank statements to Excel or CSV, reconciles transactions against reference files, matches receipts, and summarizes spending. | Reconciler matches transactions across bank and card statements, payment processors, and ledgers, flags discrepancies, and explains each match. |
| Security | The site states data is encrypted in transit and at rest with AES-256, and describes its controls as GDPR compliant and SOC 2 aligned. | Reconciler says it never asks for a bank login, initiates payments, or sends write requests; connections can be revoked by the user. |
| Support | Free users receive community support; paid plans include email support, while Pro receives priority support and Business includes onboarding. | Scale includes priority support, while Enterprise includes guided onboarding. |
Plans
BankStatementMatcher
- FreeFree
- FreeFree
- Starter$9.99 a month
- Starter$9.99 a month
- Pro$29.99 a month
- Pro$29.99 a month
- Business$49.99 a month
- Business$49.99 a month
- EnterprisePriced on request
Reconciler
- Starter$29 a year
- Growth$89 a year
- Scale$239 a year
- Enterprise$599 a year
In their own words
BankStatementMatcher
BankStatementMatcher converts bank statements to Excel or CSV, reconciles transactions against reference files, matches receipts, and summarizes spending. It accepts statements in PDF, CSV, or Excel and reference files in CSV or Excel; the site says it reads 26+ bank formats. Matching uses references and amounts, supports partial or fuzzy matches, and provides confidence scores. Before matching, it can correct OCR noise, normalize dates, and detect duplicate charges or references. Results can be exported to CSV or Excel, including QuickBooks-compatible and Xero-compatible CSV formats. Listed integrations include commerce platforms, payment providers, WordPress, Zapier, and POS providers such as Worldpay, SumUp, and Zettle. Developer tools include a REST API, scoped API keys, webhooks, and Python, Node.js, and PHP SDKs. The site states that data is encrypted in transit and at rest with AES-256 and describes its controls as GDPR compliant and SOC 2 aligned. Uploaded files are processed for matching and automatically deleted after processing or within a limited retention period. The free plan allows one statement per day; Starter costs $9.99 a month after one month free.
Reconciler
Reconciler has no write-up on Specifiction yet; its figures are above.