Every deposit, transfer, and card settlement that hits your Synswi account can trigger the exact bookkeeping steps your finance team would normally do by hand—matching transactions, classifying them against your chart of accounts, flagging exceptions, and routing approvals.
AI agents handle the execution. Synswi configures their behavior, thresholds, and escalation paths to match how your team actually operates—not a one-size-fits-all template. Your general ledger and accounting system remain your system of record throughout.
Controllers, CFOs, and finance operations leads at companies that process hundreds or thousands of banking transactions per month through Synswi—and are spending too many hours reconciling bank activity against internal records before month-end close. If your team is still exporting CSVs and matching line items in spreadsheets, this replaces that manual loop.
When transaction volume is low, manual reconciliation works fine. A team member pulls a bank report, matches each line to an internal record, and journals the entries. It takes a few hours.
At scale, this breaks down. Hundreds of daily transactions mean more unmatched items, more exceptions to investigate, and a longer month-end close. Every day between "money moved" and "books updated" is a day your team operates on stale numbers—and a day closer to the deadline.
Spreadsheets and batch exports can't keep pace with real-time payment networks. The gap between when a transaction settles and when it appears in your books becomes the bottleneck.
A deposit lands, a card transaction settles, or a transfer completes. Synswi sees it the moment the bank does.
Based on rules configured during your setup—transaction type, amount, counterparty—Synswi triggers the specific workflow that applies. No one needs to pull a report or press a button.
Agents match the transaction to your internal records, classify it against your chart of accounts, apply your approval thresholds, and route exceptions to the right person. The logic mirrors how your team operates.
Matched, classified transactions flow to your accounting system as entries ready for review or auto-post—depending on your comfort level. You stay in control of what gets journaled.
A $12,400 wire from a customer arrives in your Synswi account at 2:14 PM. Within seconds, an agent matches it to the open invoice in your records, classifies it as revenue under the correct cost center, and marks the invoice as paid. Because the amount matches exactly, no human review is needed—the journal entry is queued for auto-post in your accounting system. Your controller sees it in the next sync, already categorized.
If the amount didn't match—say $12,000 instead of $12,400—the agent would flag it as an exception and route it to the assigned reviewer with both the bank record and the invoice attached.
Automated bookkeeping is a paid customization that Synswi builds and maintains for your organization. Because every workflow is configured to your chart of accounts, approval logic, and exception rules, it requires a dedicated engagement—not a self-serve toggle. Pricing depends on transaction volume, workflow complexity, and the number of integrations involved. Reach out to discuss scope and get a quote.