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Reconciliations Re-Imagined

Bank Reconciliation Process

Robotics powered reconciliation software that automates complete reconciliation process life cycle from auto data download to auto formatting to reporting to audit facilitation
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Bank Reconciliation Overview

Bank reconciliation, which is the primary reconciliation for any company, is becoming increasingly complex with the use of multiple banks, different statement formats, and complicated data. Our Bank Reconciliation Module is a fully automated platform that digitizes the entire bank reconciliation process, applying intelligent heuristics to find matches and complete reconciliations in record time.

Bank Reconciliation
Bank Features

RECONCILIARE Features for Bank Reconciliation:

  • Automatic File Downloads from Email boxes
  • Supports all file formats – XLS, CSV, HTML, TXT, PDF, ZIPPed, SWIFT file etc.
  • Helps you take advantage of SWIFT Formats
  • Its Automatic Rule engine with 95-85% transaction matching.
  • Matching of strings having /, – etc.
  • Exception Management is simplified.
  • Many to Many, One to Many, Many to one Auto Matching
  • Highly Customized MIS reports
  • Customize your Own reports
  • Standardization across teams & Banks.

All of this along with High degree of internal controls & compliance needs are met with our product.

RECONCILIARE Platform has multiple products. Each of the RECONCILIARE Platform Products solves unique Reconciliation problems & meets Unique Reconciliation needs. RECONCILIARE Platform has the following Reconciliation Products:
  • Bank reconciliation
  • Vendor Reconciliation
  • Payment Gateway Reconciliation
  • Customer Reconciliation
  • Intercompany Reconciliation
  • Form26AS Reconciliation
  • Operations Reconciliations
  • General Ledger Reconciliations
  • Balance sheet Reconciliation
  • Operations To Financial System Reconciliations
Travel Industry Specific Reconciliation:
  • LCC Reconciliation
  • BSP Reconciliation
  • Bus Reconciliation
  • 3rd party/Aggregators Reconciliations
  • Rail / IRCTC Reconciliations
  • Hotels Recon
Lending Industry Specific Reconciliations:
  • Disbursement Reconciliation
  • Collection Reconciliations
  • Core banking system to Financial ERP system Reconciliation
  • Loan systems to ERP Reconciliations

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