Yes, you can do bank reconciliation with Excel, but doing it manually can be time-consuming and prone to errors, especially if you're dealing with a lot of transactions. Using bank reconciliation software makes things easier, safer, and more efficient because it automates a lot of the process, reduces human error, and provides built-in security features to protect your sensitive financial data.
This type of software is designed to reduce your financial admin and associated resource allocation, saving you time and money, and allowing you can focus on other important tasks.