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Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Description

Bank Rec™ simplifies the process of reconciling bank accounts, transforming it from a tedious task into a quick and even enjoyable experience. By allowing your team to avoid the labor-intensive 'ticking and tying', it enhances productivity while ensuring accuracy. Each matched record is assigned an 'audit trail number', facilitating easy research and reporting. Any unmatched records are automatically carried over to the next period until they find a match. You can generate a reconciliation report even if there are discrepancies, as we provide journal entry recommendations to correct imbalances. Our extensive bank reconciliation report library offers additional reporting options to suit your needs. This tool transforms what was once a solitary task into a documented and consistent procedure, providing backup for personnel and operational processes. It seamlessly integrates with any file format from your banking or accounting software, including Excel, CSV, and BAI. Users can apply our predefined matching rules or customize their own to suit their specific requirements. Exception reports will highlight mismatches, streamlining the research process and allowing teams to concentrate on high-priority discrepancies. Thus, Bank Rec™ not only enhances efficiency but also promotes a collaborative and transparent approach to financial reconciliation.

Description

Reconcilio streamlines the financial reconciliation process across various data sources, enabling finance teams to minimize manual efforts, accelerate closing procedures, and better pinpoint exceptions. The platform is compatible with any ERP system, bank exports, payment providers, spreadsheets, or financial datasets. Users can simply upload or link two datasets to obtain matched transactions, proposed matches, and clearly defined exceptions without the need for creating rules, mapping templates, or custom workflows. This versatile tool accommodates a range of reconciliation scenarios, including bank reconciliation, accounts payable and receivable, intercompany transactions, PSP settlements, credit card transactions, vendor statements, customer balances, and other high-volume financial matching operations. Reconcilio is accessible as both a web-based platform and an embeddable reconciliation engine API, catering to software vendors, ERP systems, finance platforms, and automation providers looking to integrate sophisticated reconciliation capabilities into their offerings. With its user-friendly interface and robust functionality, Reconcilio not only simplifies the reconciliation journey but also enhances overall financial accuracy and efficiency for organizations of all sizes.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

No images available

Integrations

Microsoft 365 Yes 
Microsoft Excel Yes 
Microsoft Outlook Yes 

Integrations

Microsoft 365 No 
Microsoft Excel No 
Microsoft Outlook No 

Pricing Details

$199.95 per month
Free Trial Yes 
Free Version No 

Pricing Details

$40/month/user
Free Trial Yes 
Free Version No 

Deployment

Web-Based No 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows Yes 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) Yes 
In Person Yes 

Types of Training

Training Docs No 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

Treasury Software

Country

United States

Website

www.treasurysoftware.com/bank-reconciliation/bank-reconciliation.aspx

Vendor Details

Company Name

Reconcilio

Founded

2025

Country

Cyprus

Website

www.reconcilio.com

Product Features

Product Features

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