Bookkeeping And Accounting

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Why Bank Reconciliation is still a headache, and how to finally fix it

Tyms

By Tyms

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Why Bank Reconciliation is still a headache, and how to finally fix it - in Nigeria Ghana South Africa Kenya USA Canada Morocco Egypt Lagos Abuja

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Ask any accountant or finance lead what eats up their time every month, and you’ll hear them always say ‘bank reconciliation’.

It’s rather startling that even in 2025, many businesses still wrestle with this critical task using clunky Excel sheets, scattered bank exports, and manual guesswork. The only result you get doing this is discrepancies that go unnoticed, financial reports that take forever to put together, and then complex audits.

But here’s the thing, bank reconciliation doesn’t have to be painful anymore.

The Real Cost of a Broken Reconciliation Process

Let’s talk about the consequences of a broken reconciliation process.

  • You miss anomalies because you're too busy matching numbers manually

  • You delay closing books, slowing down leadership decisions

  • You overpay taxes due to misclassified income or untracked expenses

  • And worst of all, your confidence in your numbers drops

Finance teams deserve better tools. But there is a much better way with accounting softwares like Tyms.

Reconciliation the Tyms way

What if reconciliation became something you look forward to instead of dread? That’s the reality when you switch to Tyms. Here’s what Tyms accounting software would do:

Multi-bank Import, No Limits

Tyms lets you reconcile as many banks as you have. You get to upload bank statements and have them automatically updated on the platform to be categorized and reconciled. No restrictions, no fuss. Whether you run payroll through one bank and receive revenue in another, everything flows into your books accurately.

Smart Categorization that learns

Set your categorization rules once, Tyms remembers. It uses predefined bank rules to automatically match inflows and outflows to your chart of accounts. The more you use it, the smarter it gets.

Live Reconciliation Reports

As you reconcile, your reports update in real time. No more end-of-month backlog. Just clean books and reliable reconciliation summary dashboards your team can trust.

From Complications to Organized Reporting with Insights

When reconciliation is automated and done, you begin to see all your numbers come together perfectly. Reports will be generated and updated with insights to plan and grow your company.

This then helps you as an accountants or business leaders to focus on strategy, growth, and better decisions.

Ready for the Upgrade?

Whether you’re closing last month’s books, catching up on three months of chaos, or prepping for tax season, Tyms helps you reconcile with ease and confidence. 

Upgrade your workflow. Add banks. Import statements. Reconcile without stress.


Get started on Tyms today and take the headache out of your books.



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