Automatic accounting of bank statements
Forget about manual entry of transactionsAlight is a modern web platform for the automatic accounting of bank statements that brings together all your company’s bank accounts and automates the entire process – from data import to posting and payments.
Every day, accountants lose hours on the manual processing of bank statements – posting payments one by one, checking invoices, reconciling amounts. This not only takes time but also carries the risk of errors.
With Alight, all of this is a thing of the past. The platform automatically loads the bank statements, recognizes every transaction and links it to the correct invoice. The accounting entries are created instantly and transferred directly to McMaster – accounting software with over 30 years of history, used by hundreds of companies.
How does automatic accounting of bank statements work with Alight?
All bank accounts in one place – bringing together all your accounts, no matter which bank they are in.
Automatic posting of transactions – the system recognizes every transaction and records it to the correct account.
Matching with invoices – payments from customers and to suppliers are automatically linked to the invoices in McMaster.
Payments to suppliers – all unpaid invoices are displayed, you choose which ones to settle and pay directly through the platform.
Fees, interest and budget – bank fees, accrued interest and payments to the budget are also recognized and posted automatically.
Full synchronization with McMaster – all entries are created directly in McMaster, without the need for transfers or additional processing. Alight is a web module – a natural extension of McMaster, created to make work easier and to enhance the capabilities of the accounting software with automated banking.
What are the benefits of automatic accounting of bank statements?
Time savings – you eliminate the manual entry of dozens or hundreds of transactions every month.
Fewer errors – automatic recognition ensures accuracy in posting.
Faster payments – directly through the platform, without logging into different banking systems.
Full integration with McMaster – every bank movement is posted and transferred automatically to accounting software with over 30 years of experience.
Optimized processes – the entire cycle, from receiving the transactions on the bank statement to payment and posting, is automated.
Full synchronization with McMaster – Alight is not separate software, but a new web module that extends and enhances the proven capabilities of McMaster accounting software.
The Alight web platform for the automatic accounting of bank statements is for you if:
- You work with more than one bank account.
- You want to reduce the administrative burden on your accounting department.
- You want transparency and speed in payments.
- You want to have control and up-to-date information about cash flows in real time.
Integration with all banks
Alight WEB is fully integrated with all banks in Bulgaria, which allows the automatic loading of bank statements regardless of which bank you hold accounts with. This way, all the information about the movements on the accounts is centralized in the system – without the need for manually downloading and importing files from different online banking systems.
With Alight, the manual work of processing bank statements is automated, and your team gains time, accuracy and peace of mind.
