Automated Rental Payment Reconciliation Workflow

This n8n workflow streamlines the process of reconciling rental payments by automatically analyzing incoming bank statements against tenant details stored in an Excel spreadsheet. It is ideal for property managers seeking a private, automated solution for tracking rent payments, identifying discrepancies, and generating detailed reports. The workflow begins by monitoring a designated folder for new bank statement CSV files. Once detected, it reads and extracts the CSV data, then uses AI-powered tools to analyze the data in the context of tenant and property information stored locally. The AI agent flags issues such as missed payments, incorrect amounts, or upcoming lease expirations, and generates actionable reports. These insights are then stored in a local Excel file, maintaining data privacy. Additional nodes provide notifications and warnings about sensitive operations to prevent accidental data loss. This workflow is perfect for real estate teams aiming to automate rent reconciliation, improve accuracy, and ensure timely tenant communications while keeping sensitive data secured locally.