Business banking that comes with accounting

Ask any founder what they hate most about running a company and reconciliation is somewhere near the top of the list. The account balance is easy. The books are the hard part. Every payment has to be matched to an invoice, tagged to a category, split across the right entity, and reviewed before the month can close.

The standard answer is to buy two products. A business bank account on one side, an accounting tool on the other, and a fragile CSV pipeline in the middle. It works, but only if someone on the team is paid to keep it working.

Plaitr was built to remove the seam.

One balance, one ledger

Plaitr treats the bank account and the ledger as the same object. When a customer pays an invoice on Stripe, the payout arrives in your Plaitr balance and, at the same moment, posts to your books as revenue against the invoice it settled. When a wire lands from a new customer, the transaction is created, the counterparty is matched, and the entry is drafted for review. Nothing waits until the end of the month.

This is not an integration. There is no sync interval, no failed webhook, no CSV export. The banking primitive and the accounting primitive share a database, so every event is a single write.

The categories are already there

The first week on a new accounting tool is usually spent building a chart of accounts. Plaitr ships with a chart that covers most software businesses out of the box, and it learns as you go. The first time you tag a vendor, the category sticks. The second time that vendor shows up, it is already categorised. By the end of the first month, most teams are approving entries, not creating them.

For vendors with recurring patterns, like AWS, Vercel, Stripe fees, or contractor payroll, the categorisation happens on the first transaction and stays consistent afterwards.

Multi-entity without the spreadsheet

Every company that ships internationally ends up with multiple entities. A US parent, a UK subsidiary, sometimes a Singapore or Dubai vehicle for local rails. The traditional answer is a separate bank account per entity, a separate accounting file per entity, and a monthly consolidation done in a spreadsheet.

Plaitr runs every entity from the same dashboard on a shared ledger. Intercompany transfers are booked on both sides in one action. Consolidated reports are always available because the underlying data is already unified. If you need entity-level views, they are one filter away.

What the month looks like

Closing the month on Plaitr is a review, not a build. The entries are already there. The categories are already applied. The intercompany balances already tie. What is left is the judgement work, which is what a good finance function should be spending its time on in the first place.

For a five-person team, close moves from a week of work to an afternoon. For a fifty-person team, it moves from a full-time job to a lightweight review.

What comes next

Cards land in the next release. Every card transaction will follow the same pattern: it hits the balance, posts to the ledger, and matches against a receipt captured from an email or an upload. Spend policy lives on the same object, so a card that violates a rule is declined at the network before it becomes an accounting problem.

Payroll and bill pay follow later this year, both on the same primitive. The point is not to bolt more products onto a bank account. The point is that once banking and accounting share a foundation, everything downstream gets easier.

If you want to see it, the demo is at demo.plaitr.com.