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Description
Aritma is an innovative fintech platform designed to simplify intricate financial operations by connecting banks, ERP systems, and payment service providers through adaptable APIs and pre-built solutions that enhance corporate finance processes, minimize manual efforts, and elevate precision. Serving as a central API hub, its Open Finance Platform seamlessly integrates banking information, accounting tools, and commerce/payment channels, allowing secure, real-time access to transaction data, account balances, receivables, and payment initiation via a single, user-friendly interface with extensive connections to over 250 banks and leading ERP systems across the Nordic region. Among its diverse offerings, Aritma Control provides real-time automated reconciliation, ensuring that bank transactions align with ledger entries, identifying discrepancies, speeding up month-end closings, and accommodating multi-company operations; additionally, Aritma Pay focuses on streamlining payment processing between various accounts and banks while adapting to the latest financial formats like ISO 20022. This comprehensive suite not only improves operational efficiency but also empowers businesses to manage their finances with greater accuracy and less effort. By leveraging advanced technology, Aritma aims to transform the financial landscape for corporations in a rapidly evolving market.
Description
Relying on manual methods for bank reconciliation can be inefficient, especially when dealing with a large number of accounts across various banks. QX QuickReco simplifies this process by automatically importing data and facilitating the matching of transactions to enhance the efficiency of reconciliation. The platform aligns information from general ledger files with bank statement reports, performing automatic matches while also accommodating adjustments for any hidden transactions, like bank fees or charges. Users can conveniently set up and manage multiple accounts from the same financial institution or from different banks. Additionally, the system allows for the integration of newly established accounts, enabling the import of thousands of records from bank statements and bank books for seamless automatic reconciliation. It is also straightforward to enter adjustment entries for payments that do not correspond with invoices. Furthermore, entries can be categorized based on their matching status—whether they were auto-matched, manually matched, or adjusted—providing clarity and organization throughout the reconciliation process. This comprehensive solution ultimately enhances accuracy and saves valuable time for financial professionals.
API Access
Has API
API Access
Has API
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Aritma
Founded
1990
Country
Norway
Website
www.aritma.com
Vendor Details
Company Name
QX Global
Country
United Kingdom
Website
qxglobalgroup.com/product/bank-reconciliation-system/