Your close takes eleven days.
The next one lands on day three.
Parity pulls every bank, PSP and ERP feed into one ledger, auto-matches 99.4% of lines within 90 seconds of posting, and stores the rule, inputs and approver behind each match so your auditor never asks you for a spreadsheet again.
SOC 2 Type II·NetSuite, SAP, Sage Intacct·11,400 bank connections
| Date | Source | Reference | Amount |
|---|---|---|---|
| 09-28 | JPM 4471 | ACH CR / SETTLE 8821 | 412,908.14 MATCHED |
| 09-28 | Stripe | po_1QK4 · batch 8821 | 398,441.02 MATCHED |
| 09-28 | Stripe | fee_1QK4 · interchange | 14,467.12 MATCHED |
| 09-28 | NetSuite | JE 90-4471 / AR clear | 412,908.14 MATCHED |
| 09-29 | Adyen NL | EUR capture · FX split | 61,204.77 REVIEW |
Every number in your close should be able to name its source.
No line without a provenanceNothing written off silently
What the numbers look like after month three
Across 41M monthly lines from banks, PSPs and ERPs — measured before any human touches the queue.
Across 140 finance teams in their third month on Parity. Nine of them close in under 48 hours.
Every remaining difference carries a rule version, an owner and a timestamp. Nothing is written off silently.
Six parts, and the close stops being manual
Parity replaces the spreadsheet layer between your bank statements and your ledger — ingestion, matching, exceptions, eliminations, evidence and the checklist that ties them together.
Feeds that arrive already normalised
Direct connections to 11,400 banks plus Stripe, Adyen, Brex, NetSuite and SAP. New lines land in Parity within 90 seconds of posting, in one schema.
Many-to-many matching
A split settlement with an FX remainder and two partial refunds resolves as one balanced group — not six unexplained exceptions for a human to reassemble.
An exception queue with owners
Every unmatched line gets an assignee, an age and an SLA. Median time to clear is 14 minutes, and nothing hides in a tab called final_v3.
Multi-entity on one ledger
24 entities and 9 currencies reconcile against a single source. Intercompany eliminations post automatically the moment both sides balance.
Evidence attached to every match
Rule version, inputs, approver and hash are stored with the match itself. Export a full PBC package for your auditor in one click.
A checklist that runs itself
Tasks unlock when their dependencies reconcile, so your controller opens a list of real blockers instead of chairing a status meeting.
Kill the 4% that eats your week
One-to-one matching is easy and every tool does it. The month is lost to the residue: a €61,204.77 Adyen capture that arrives as two settlements, a chargeback, and an FX rounding difference of $3.12. Parity groups all four into one balanced entry and writes down why.
- 01Rules are versioned and diffed like code — you can see which release started matching a pattern, and roll it back.
- 02Tolerances are per-source, not global: 0.5 bps on FX, exact on ACH, $0.02 on card interchange.
- 03Anything the engine will not explain stays open. Parity never force-matches to make a dashboard look green.
Hand your auditor a link, not a folder
Every match carries its own provenance: the feed it came from, the checksum on that feed, the rule version that grouped it, the person who approved it and the hash that proves none of it changed afterwards. Auditors get a scoped read-only role and pull the sample themselves.
- SOC 2Type II, audited annually. Segregation of duties enforced at the rule level, not by convention.
- PBCPrepared-by-client packages export as signed PDFs plus the underlying CSV, in the sample structure your firm already uses.
- 7 yrsImmutable retention with regional residency in the US, EU and AU.
What changed in month one
“We went from an eleven-day close to three. The first month I kept re-opening the queue at 9am because I did not believe it was already empty.”
“Our PSP settlement variance was averaging $38,000 a month. Parity showed it was FX rounding on split captures. It has been under $400 since March.”
“The PBC package used to take two people three weeks. Our auditors now pull their own sample. We renegotiated the engagement 22% down.”
Your next close can land on day three
45-minute working session · we reconcile one of your real months before you sign anything
Book a demo