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Financial Integration API Objective

The Financial Integration API serves as the definitive bridge between the intelligent reconciliation performed by the Koncili platform and the practical execution of accounting settlements within the user's ERP.

The api enables ERP systems to consume reconciliations processed within Koncili and automatically convert them into financial entries:

Its core purposes are:

  • Enable ERP systems to query order reconciliations automatically and securely.
  • Synchronize records by reporting back to Koncili once entries are read or effectively settled within the accounting system.
  • Convert raw financial data into consistent accounting records, completing the financial reconciliation lifecycle.

👉 For a detailed overview of the workflow, please also refer to the Settlement and Order Resolution Flow section.