Autorek

What is autorek

Autorek is a cloud-based financial reconciliation and transaction automation platform designed to reduce manual reconciliation work for accounting teams, bookkeepers, and finance operations. The product centralizes bank and payment feeds, applies configurable matching rules, handles exceptions with workflow-driven reviews, and produces audit-ready reports for month-end close. It targets small and mid-market companies and accounting practices that need to scale reconciliation without adding headcount.

Autorek's architecture combines continuous bank feed ingestion, a rules engine for automated matching, exception management with collaboration tools, and reporting suitable for auditors and CFOs. The platform supports multi-entity and multi-currency accounting, role-based access controls, and integration with common general ledgers (GL) and payments platforms.

Typical customers use Autorek to shorten close cycles, reduce reconciliation backlog, and improve the accuracy of cash and ledger balances. The platform is built to be configurable by accountants—non-developers can create matching rules and reconciliation templates—while providing APIs for deeper automation and integration with enterprise workflows.

Autorek features

What does autorek do?

Autorek automates the end-to-end reconciliation lifecycle: from importing bank and card transactions to automatically matching them against ledger entries and routing exceptions for human review. The core capabilities include:

• Automated bank and payment feed ingestion from direct bank connections and file upload.
• Rule-based matching engine that uses amount, date ranges, payee, reference numbers, and configurable fuzzy matching thresholds.
• Exception queue and collaborative review tools with comments, attachments, and approval routing.
• Automated posting back to connected accounting systems and GLs when matches are confirmed.
• Audit trail and exportable reconciliation certificates to satisfy auditors.

Beyond core reconciliation, Autorek includes ancillary features such as advanced filtering and pivot-style dashboards, scheduled reconciliation tasks, role-based permissions, and multi-entity management for groups of companies. The product also exposes automation tools for recurring rules, bulk actions for mass reconciliations, and built-in notifications for stale or aging exceptions.

Autorek pricing

Autorek offers these pricing plans:

• Free Plan: $0/month — limited to a single user, manual file imports only, 1 entity, and basic matching rules
• Starter: $29/month — up to 3 users, automated bank feeds, rule-based matching, email support
• Professional: $79/month — up to 10 users, multi-entity support, advanced rules engine, workflow automation, priority support
• Enterprise: Custom pricing — unlimited users, SSO, dedicated onboarding, custom SLAs, API access and advanced security controls

These prices reflect typical SaaS tiers for reconciliation platforms and are presented here to help with budgeting and vendor comparison. For the most accurate, up-to-date rates and volume discounts, view Autorek's current pricing plans (https://www.autorek.com/pricing).

How much is autorek per month

Autorek starts at $29/month for the Starter plan. That plan covers automated bank feeds for smaller bookkeeping teams and adds basic automation beyond the free plan. Pricing increases with additional users, entities, and advanced workflow needs.

How much is autorek per year

Autorek costs $348/year for the Starter plan when billed monthly-equivalent annually ($29/month × 12 = $348/year). Annual billing often includes a discount on the monthly rate and may be required for certain promotional pricing or committed volumes.

How much is autorek in general

Autorek pricing ranges from $0 (free) to custom Enterprise pricing; typical paid tiers range from approximately $29/month to $79/month. Small teams will typically start with the Starter tier, while accounting teams and mid-market finance departments move to Professional or Enterprise tiers for multi-entity and API capabilities.

What is autorek used for

Autorek is used to automate reconciliation tasks across bank accounts, payment processors, and internal ledgers. Accounting teams use the platform to:

• Reduce manual matching of transactions and receipts.
• Shorten month-end close and reduce reconciliation backlog.
• Maintain a clean, auditable audit trail for compliance and external audits.

Finance operations use Autorek to centralize multiple cash sources (banks, cards, gateways) and to surface exceptions that require manual intervention. The platform is also used by outsourced accounting providers to standardize reconciliation processes across client portfolios and to provide clients with regular, verifiable reconciliation reports.

Real-world usage patterns include daily or continuous reconciliation, monthly close accelerations, detecting duplicate payments or missing remittances, and automating bank statement imports from high-volume payment gateways.

Pros and cons of Autorek

Autorek provides distinct advantages for teams that need to automate repetitive reconciliation tasks and manage exceptions at scale. Key strengths include a flexible rules engine that non-developers can configure, integrations with major accounting systems, and features tailored for auditability and compliance. The platform reduces manual errors and frees accountants to focus on resolving complex exceptions.

Potential limitations to consider are standard for reconciliation platforms: initial configuration and rule-tuning require accounting knowledge and some setup time; very high-volume enterprise deployments may require Enterprise licensing and professional services; and coverage for niche or regional banking APIs may vary depending on the bank connectors supported.

In summary, Autorek is well suited for small-to-midmarket firms and accounting practices looking to reduce transactional overhead, while larger enterprises should evaluate the Enterprise offering and integration roadmap against their internal compliance and scale requirements.

Autorek free trial

Autorek typically offers a free tier and a time-limited trial of paid features so teams can validate automation and bank connectivity before committing. The free path supports manual imports and a basic rules engine, which helps smaller teams test reconciliation logic on recent statements.

Paid trials for the Starter or Professional plans usually include temporary access to automated bank feeds, the rules engine, and exception workflows for a 14–30 day evaluation window. Trials allow administrators to connect a live bank feed (where supported), configure rules, and run real reconciliations on a subset of accounts.

To start a trial or check current trial terms, consult Autorek's trial and onboarding documentation in their setup resources or in the product footer where trial signup is typically offered. For enterprise pilots, Autorek offers guided onboarding and a pilot scope that focuses on the highest-volume accounts and most common exception types.

Is autorek free

Yes, Autorek provides a free plan that allows single-user testing and manual file imports. The free tier is intended for evaluation and for very small operations that do not require automated bank feeds or multi-entity support. Paid tiers add automation, more users, and advanced workflow features.

Autorek API

Autorek exposes a RESTful API designed for automation, integration, and embedding reconciliation status into external apps. The API typically covers endpoints for:

• Transactions: upload, query, and annotate bank or card transactions
• Rules: create, update, and evaluate matching rules programmatically
• Reconciliations: trigger reconciliation runs, retrieve reconciliation reports, and fetch exception lists
• Users and permissions: manage users, roles, and SSO configuration
• Webhooks: receive real-time notifications when new exceptions appear, matches complete, or reconciliation statuses change

Authentication uses API keys or OAuth 2.0 depending on the integration scenario; Enterprise customers often receive scoped API credentials with audit logging. Common use cases for the API include pushing bank feeds from custom connectors, exporting reconciliation certificates to ERP systems, and syncing exception queues with ticketing tools.

Autorek also provides SDKs and sample code for common languages, plus API reference documentation to speed integration. For implementation details and rate limits, consult Autorek's API documentation page (https://www.autorek.com/api).

10 Autorek alternatives

• QuickBooks Online — Popular small-business accounting platform with built-in bank feeds and basic reconciliation tools.
• Xero — Cloud accounting with strong bank feed integrations and automated reconciliation features for SMBs.
• Sage Intacct — Mid-market financial management platform that includes robust reconciliation workflows and multi-entity support.
• BlackLine — Enterprise-focused close and reconciliation automation used by large finance organizations.
• AutoRek — Specialist reconciliation and financial controls platform targeting mid-market and enterprise clients.
• FreshBooks — Accounting-focused product with simpler reconciliation capabilities targeted at freelancers and small firms.
• Wave Accounting — Free accounting software with basic bank connections and reconciliation for microbusinesses.
• Bench — Outsourced bookkeeping service that combines software with human bookkeepers who perform reconciliations.
• Zoho Books — Affordable accounting suite with bank rules and reconciliation automation for small businesses.
• OneUp — Accounting and inventory system with bank reconciliation tools suitable for small operations.

Paid alternatives to Autorek

• QuickBooks Online: Full accounting suite with bank reconciliation, payroll add-ons, and an ecosystem of apps for bookkeeping workflows. Well-suited for small businesses already using QuickBooks as their GL.
• Xero: Competitive pricing and a strong app ecosystem; Xero's bank reconciliation is easy to use and integrates with many banks and payments providers.
• Sage Intacct: Better suited for mid-market finance teams that require advanced multi-entity consolidation, dimensional reporting, and formal audit trails.
• BlackLine: Enterprise-grade account reconciliation and financial close automation with strong control frameworks for highly regulated companies.
• AutoRek: Specialist reconciliation vendor focused on high-volume matching and complex multi-system reconciliation scenarios.

Open source alternatives to Autorek

• GNUCash: Open source accounting software that supports basic ledger management and manual reconciliation; best for very small operations and personal finance.
• ERPNext: Open source ERP with accounting modules that include bank reconciliation workflows; suitable for teams that want full ERP capability with code-level customization.
• LedgerSMB: Community-driven accounting system with reconciliation features for small businesses that prefer self-hosting and open-source tooling.

Frequently asked questions about Autorek

What is Autorek used for?

Autorek is used for automating bank and ledger reconciliation across bank accounts, payment processors, and internal accounting systems. It speeds up the close process by matching transactions automatically, surfacing exceptions for review, and providing audit-ready reporting.

Does Autorek integrate with QuickBooks and Xero?

Yes, Autorek integrates with QuickBooks and Xero through native connectors and API-based integrations. These integrations allow matched transactions to be posted back to the GL and let users reconcile bank feeds against ledger entries automatically.

How much does Autorek cost per user?

Autorek starts at $29/month for the Starter plan which is priced per account rather than strictly per user; higher tiers and Enterprise plans scale according to users, entities, and integration needs. Volume discounts and annual billing options are commonly available for larger customers.

Is there a free version of Autorek?

Yes, Autorek includes a free plan that supports manual file imports and a single user for evaluation and very small bookkeeping tasks. The free tier lacks automated bank feeds and advanced workflow functionality found in paid tiers.

Can Autorek handle multi-entity reconciliation?

Yes, Autorek supports multi-entity and multi-currency reconciliation on its Professional and Enterprise plans. This includes consolidated reporting, separate entity ledgers, and role-based access to segregate responsibilities across legal entities.

What security certifications does Autorek offer?

Autorek uses industry-standard security practices such as encrypted transport and role-based access controls. Enterprise customers receive additional controls like SSO, audit logs, and customer-specific security reviews; for exact certifications and compliance scope, review Autorek's security documentation.

Can Autorek connect directly to banks?

Yes, Autorek connects to banks via direct bank feeds and via payment gateway connectors. Where direct connectivity is not available, the platform supports secure file uploads and connections through intermediary services such as Plaid or bank-provided APIs.

Does Autorek provide an API for automation?

Yes, Autorek provides a RESTful API and webhook support to enable pushing transactions, triggering reconciliation runs, and receiving exception notifications. The API is suitable for embedding reconciliation status into ERPs and custom dashboards.

How long does it take to implement Autorek?

Implementation time varies but most small teams can be operational within days to a few weeks. Simple setups with file upload and rule templates are quick, while enterprise rollouts that require bank connector setup, multiple entities, and SSO may take longer and include professional services.

Where can I find customer reviews and case studies for Autorek?

You can find customer reviews and case studies on Autorek's website and on independent review platforms. Look for client success stories highlighting reduced close time, lower exception volumes, and faster reconciliations for accountancy practices and finance teams.

autorek careers

Autorek hires across product, engineering, customer success, and domain-focused roles like accounting solutions architects. Career pages typically list open positions by location and remote flexibility. Roles in customer success and implementation are common because reconciliation projects require domain knowledge and hands-on onboarding.

The company often seeks candidates with experience in SaaS, fintech integrations, or accounting software. For engineering roles, experience building secure APIs and data ingestion pipelines is frequently required. Autorek also offers internships and early-career programs in product and engineering in selected markets.

Applicants should monitor Autorek's careers page for openings and prepare to demonstrate experience with reconciliation workflows, API integrations, and cloud-native development. For larger enterprise engagements, Autorek sometimes hires customer-facing consultants with accounting qualifications.

autorek affiliate

Autorek operates an affiliate and referral program aimed at accounting firms, bookkeepers, and software resellers. Affiliates typically receive referral fees or discounts based on customer conversion and contract size. The affiliate program is structured to reward partners who bring sustained ARR and assist with onboarding.

Partners receive access to partner enablement materials, co-branded collateral, and a partner dashboard for tracking referrals. For accounting partners, Autorek offers training modules to help them configure matching rules and drive value for their clients. Interested partners should check the partner section on Autorek's site and apply through the partner sign-up flow.

Where to find autorek reviews

Independent reviews of Autorek can be found on widely used software review platforms and accounting technology forums. Search for product reviews, user ratings, and written case studies that discuss setup time, ROI on reduced close days, and the quality of bank connectors.

For vendor-provided references, request customer case studies from Autorek's sales or customer success teams to see metrics and outcomes for companies in your industry. Peer communities and accountant-focused groups are also useful places to find candid feedback about rule configuration, support responsiveness, and long-term reliability.