New from MyEncore
Bank Recon Assistant auto-matches EFT and Netcash payments to your fee invoices, in minutes, with bursar oversight. Assistant not autopilot — every match is verified, every action is logged.
If reconciliation eats half a day every week, you're not running a school — you're running a spreadsheet.
It's 14:30 on a Friday. The bursar opens the FNB statement, then the Netcash export, then the fee invoice list. Three windows, one spreadsheet, no joy.
Half the payments don't match. Mrs Botha used her maiden name. Mr Naidoo's debit-order reference is just "DR 04/26". The grandparent paid for two learners in one EFT with no reference at all.
The bursar starts calling parents. Three days later, the WhatsApp from a Grade 8 parent: "I paid on Tuesday, why does the app still show outstanding?" Another half-hour to find the payment, another half-hour to allocate it.
This is the work Bank Recon Assistant removes. Not by guessing — by reading every confirmation email the bank already sends, structuring it, and proposing a match. The bursar clicks Approve. The parent gets the confirmation the same day.
Three steps. Setup takes about 10 minutes. After that, the Assistant works while the bursar sleeps.
Set up FNB inContact (or Netcash, ABSA, Standard Bank, Nedbank, Capitec) to forward payment confirmation emails to your unique MyEncore inbox address. Once-off setup, takes 10 minutes.
The Assistant extracts the amount, reference and payer name, then scores each match against your open invoices (0–100% confidence). Per-bank regex parsers + AI fallback for everything else.
Open the review queue, scan the confidence chips, click Approve / Override / Reject. The parent gets a "Payment received" notification immediately. Audit trail records every action.
One flat monthly fee. Generous included matches. Transparent overflow. 60-day free trial — no card, no commitment.
Then, from day 61:
flat · per school · ZAR ex-VAT
Dedicated parsers for the major SA banks plus an AI fallback that handles anything else. Same setup pattern across all of them.
School finance is special-personal information under POPIA. We treat it that way from the inbox down.
POPIA-aligned
Section 5 (minimality) & Section 26 (financial data) considered.
SPF + DKIM authenticated
Spoofed emails are quarantined before the parser ever sees them.
Full audit trail
Every parse, queue, approve, reject, reverse logged with timestamp + admin + IP.
No raw email storage
Only structured fields. Bodies and attachments discarded after parsing.
15-minute Zoom or in-person walkthrough. We'll show you the review queue, the audit log, and how to set up forwarding on your school's bank. No sales pressure — we want pilot schools who actually want this.