RecoFlex: Account Reconciliation Management Software
RecoFlex: Nex-Gen Accurate Reconciliation for Simplified and Automate process!
Recoflex end-to-end account reconciliation solution for effortless accuracy.
Achieve precise results through standardized processes and automated reconciliation, ensuring accurate financial data integrity.
Maintain oversight with Reviews, Escalations & Approvals integrated into the automated account reconciliation process, enhancing control and compliance.
Automate account reconciliation to streamline operations, reducing costs while improving efficiency across financial processes.
Quickly identify and resolve account balance discrepancies with intuitive tools, ensuring accurate reconciliation in financial reporting.
Adapt seamlessly to complex needs with customizable rules and user-parameterized settings, supporting diverse account reconciliation management software.
Access real-time management information system (MIS) reports online, enabling informed decision-making and strategic planning for end-to-end account reconciliation solution.
The system includes capabilities for managing users, facilitating the creation and maintenance of user IDs (with options for addition and removal). It supports accurate reconciliation and automates account reconciliation process.
Access Rights can be controlled for a group of users (Role) using account reconciliation management software.
The system supports setting up and processing multiple Recon accounts (sets) and managing multiple Customer Accounts within an end-to-end account reconciliation solution.
The account reconciliation management software enables managing multiple accounts for various customers in a single system, with the option to physically segregate each customer's data for enhanced security.
Under an automated account reconciliation process, all accounts of a specific type subject to aging rules are aged according to specified rules, ensuring accurate reconciliation.
This feature within the end-to-end account reconciliation solution allows for establishing and managing relationships between users and customers.
The account reconciliation management software performs sequential matching of records for single or all accounts.
Within the end-to-end account reconciliation solution, this feature allows specifying a single account rule to guide the reconciliation process.
The automated account reconciliation process allows reconciliation based on multiple account rules, ensuring accurate reconciliation outcomes.
In automated account reconciliation processes, users can split a transaction into multiple ones and consolidate transactions based on reference numbers, ensuring accurate reconciliation.
Within an end-to-end account reconciliation solution, transactions overdue for reconciliation can be written off and later undone, unless external data feeds have been generated.
In the account reconciliation management software, transactions from closed accounts are accessible through the "Overdue Rec Stages" link.
Within an end-to-end account reconciliation solution, transactions for a specific account can be definitively closed by an approver, preventing further uploads.
The account reconciliation management software automatically generates an email notification to a reviewer when an account is soft-closed by the reconciler.
In the automated account reconciliation process, the reconciler can forward specific matched transactions to an approver for review.
The system can maintain a list of various usage instructions to facilitate accurate reconciliation processes.
Within an end-to-end account reconciliation solution, files can be stored in account documents using the browse button for easy access and management.
The account reconciliation management software allows specifying whether the reference number of transactions uploaded from a file can be edited for a particular account type.
The system generates journal voucher entries for variance match sets, ensuring accurate reconciliation of accounts.
In the automated account reconciliation process, the system maintains a list of various currencies and manages details of various locations for efficient operations.
The end-to-end account reconciliation solution stores and manages business unit details for comprehensive organizational oversight and management.
Multiple account templates can be created and managed within the system for structured and efficient account management.
The system supports setting up multiple types of reconciliation data inputs and maintains a list of reconciliation types within the application.
The system allows managing details for reconciliation rules and handling specifications for the frequency of reconciliation processes.
An escalation email is triggered in case of issues encountered during the upload process.
This report displays all outstanding transactions currently present in the system.
The reconciliation report displays all transactions that have been reconciled.
This report displays transactions that have been reconciled with variances.
Transactions can be categorized by date range for either a single client or all clients.
Users are provided with a report detailing resource-wise reconciliation workload and set-wise resource utilization.
The system provides an exhibit report categorized by annexure.
