SAN FRANCISCO, November 10, 2025 — Leads & Copy — Digits, a provider of accounting software, has launched AI Bank Reconciliations, a new feature for its Agentic General Ledger (AGL) platform that automates bank and card reconciliations for accounting firms and in-house finance teams.
According to the company, the new AI reconciliations feature automates tasks such as exporting statements, managing rules, identifying mismatches, and patching balances.
Digits AGL automatically reconciles bank statements, ensuring balance sheet accounts tie out while surfacing anomalies for review. Users can drag and drop bank statement PDFs onto Digits, and the AGL handles document extraction, matching, and verification, according to the company.
Digits claims that the AI reconciliations feature functions as a dedicated team of junior staff, in the form of an AI agent, ingesting bank feeds, bank statements, and ledger data; automatically matching transactions and finalizing reconciliations; and running continuously.
Accounting firms are presented with a reconciliation status and a prioritized list of exceptions to review, which Digits says cuts the month-end close process by hours per client each month.
Digits reports that its AI Reconciliations feature has delivered results including 75% less time spent on reconciliations, faster month-end closes, and a shift from manual preparation to confident review.
Heather Taylor, Accounting Services Manager at Hiline, stated that AI bank reconciliations have changed her role, and that she now spends her time on judgment and advisory work instead of finding and matching.
Jeff Seibert, Founder and CEO of Digits, stated that Digits AGL can now perform the time-consuming work of catching duplicates, detecting missing transactions, and distinguishing true mismatches from sync delays.
AI Bank Reconciliations are currently available to accounting firms using Digits.
Digits is backed by almost $100 million from venture capital firms such as Benchmark, SoftBank, and GV, as well as angel investors including Aaron Levie (CEO of Box), Anthony Noto (CEO of SoFi), Dick Costolo (former CEO of Twitter), and Kevin Weil (CPO at OpenAI).
Kerry Metzdorf
Big Swing Communications
978-463-2575
kerry@big-swing.com
Source: Digits
