Saldo: automatic bank reconciliation with Angolan banks
Saldo is a Sevways utility for Cegid PRIMAVERA that enables automatic bank reconciliation with Angolan bank statements. PRIMAVERA's automatic reconciliation depends on statements in the international MT940 format, which banks in Angola do not generally provide. Saldo converts the statement exported from the bank's portal into a format PRIMAVERA imports, and the matching becomes automatic. Sevways sells, implements, trains and supports.
- 01
Angolan banks
Statements from the main banks already mapped; others can be adapted.
- 02
Automatic reconciliation
PRIMAVERA matches the statement to the entries by type, date and amount.
- 03
Confirm, don't check
The team validates what the system proposes, instead of checking line by line.
In summary
- Type
- Utility for Cegid PRIMAVERA (Banks module)
- Former name
- Automatic Bank Reconciliation
- Developed by
- Sevways
- Banks
- Main Angolan banks; others mapped on request
- Status
- Available
- Services
- Sales, implementation, training and support
Who Saldo is for
Companies with the Banks module
All companies in Angola that reconcile bank accounts in Cegid PRIMAVERA.
Companies with many transactions
Those with hundreds or thousands of transactions a month, where checking by hand takes the most time.
From the bank portal to reconciliation, line by line
Saldo builds the missing bridge between the Angolan bank statement and the automatic reconciliation in Cegid PRIMAVERA.
PRIMAVERA suggests the matches and the team confirms. Sample values.
What Saldo does
Statement reading
Reads the statement exported from the bank's portal.
Conversion for PRIMAVERA
Converts it to the Cegid PRIMAVERA import format.
Automatic reconciliation
PRIMAVERA matches the statement to the entries and marks what is reconciled. The team confirms the result.
Saldo and the alternatives
Cegid PRIMAVERA's automatic reconciliation exists, but depends on the MT940 format. Without Saldo, with Angolan banks, reconciliation is done by hand or with custom development.
| Manual reconciliation | Standard PRIMAVERA functionality | Custom development | Saldo | |
|---|---|---|---|---|
| Angolan bank statements imported into PRIMAVERA | no | no | yes | yes |
| Automatic reconciliation in Cegid PRIMAVERA (standard, MT940 only) | no | partly | yes | yes |
| No line-by-line checking | no | partly | yes | yes |
| No from-scratch development | yes | yes | no | yes |
| Support after go-live | no | yes | partly | yes |
What we do with Saldo
Sale
We sell Saldo to companies that use the Banks module of Cegid PRIMAVERA.
Implementation
We install the utility, map the company's banks and show the process, from the bank portal to reconciliation.
Training
We train the finance team, with the hours included in the implementation.
Support
We answer questions and resolve issues after go-live.
To get started
- Assessmentthe company's banks and accounts
- Installationthe utility in the company's Cegid PRIMAVERA
- Mappingof banks not yet supported
- Training and first reconciliationwith the finance team
The duration of each step is set in the assessment.
Frequently asked questions about Saldo
What is Saldo?
It is a Sevways utility that converts Angolan bank statements for Cegid PRIMAVERA, so that automatic bank reconciliation works.
Why isn't Cegid PRIMAVERA enough on its own?
PRIMAVERA's automatic reconciliation depends on the MT940 format, which banks in Angola do not generally provide. Saldo bridges that gap.
Which banks are supported?
The main Angolan banks are already mapped. For other banks, Sevways does the mapping.
Does automatic reconciliation remove the need for validation?
No. PRIMAVERA proposes the match between the statement and the entries, and the team confirms.
What do I need to use Saldo?
Cegid PRIMAVERA with the Banks module.
See Saldo in action
We show the full process, from the bank statement to reconciliation in Cegid PRIMAVERA.
Got a project? Let us talk.
Answer within 24 working hours.