Bank-Reconciliations

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.

• 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.