Digits launches AI agent for bank reconciliations

Accounting and bookkeeping solutions provider Digits announced the official launch of an AI Bank Reconciliations feature for its Agentic General Ledger solution. Starting today, the software will now automatically reconcile bank statements. Accountants and business owners can drag and drop their bank statement PDFs onto Digits, and the AGL handles the rest, from document extraction, to matching, to verification.

Digits said the agent acts like a junior staff member. It ingests bank feeds, bank statements and ledger data, automatically matches transactions and finalizes reconciliations, without rules to configure or maintain, and runs continuously, so by the time a firm is ready to close, most of the work is already done. This means that, instead of manually identifying transaction matches and ticking boxes, accounting firms are presented with a clean reconciliation status and a short, prioritized list of exceptions to review. 

"Among the most tedious tasks for accounting firms are bank reconciliations," said Digits founder and CEO Jeff Seibert in a statement. "Now Digits AGL can do the time-consuming but important work of catching duplicates, detecting missing transactions, and distinguishing a true mismatch from a sync delay so accountants can focus on advising clients while having a faster, more accurate month-end close. This is exactly the type of work AI agents are meant to do."

The announcement comes just a few weeks after the company launched its free Digits API, an application programming interface that allows computers to connect directly with the company's Autonomous General Ledger system without needing custom integrations. By using the Digits Connect API to access the AGL, users can automate categorization, vendor matching and reconciliation using AI-driven logic built directly into the platform. The API also opens the door to what Digits calls "programmable accounting," such as adding intelligent ledger functionality to a product.