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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.
Description
Reiterate OS is a finance automation platform that connects data, automates operations, and transforms manual finance processes into agentic workflows.
It sits alongside your existing tools and files and takes care of the repetitive, manual work that slows you down the most:
- Data collection from ERPs, payment processors, and banks
- Data pre-processing and validation
- Core accounting operations
- Financial close processes
Reiterate OS uses AI for gathering data and generating workflow configurations, but the workflows run deterministically based on your processes for 100% accurate results every time. Unlike traditional RPA or AI automation tools, it’s designed to handle large amounts of data, prioritizing modularity, accuracy, and auditability. It preserves what makes Excel trusted (transparency, auditability, control) while evolving with the demands of modern finance operations.
Reiterate is a great tool for complex finance operations that require high-volume data processing, multi-system data integration, and customizable automation that scales with the business.
API Access
Has API
API Access
Has API
Integrations
Adyen
Amazon Redshift
Brite
Databricks
Google Cloud BigQuery
Google Sheets
Looker
Microsoft Excel
Nuvei
PostgreSQL
Integrations
Adyen
Amazon Redshift
Brite
Databricks
Google Cloud BigQuery
Google Sheets
Looker
Microsoft Excel
Nuvei
PostgreSQL
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
Custom pricing
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
QX Global
Country
United Kingdom
Website
qxglobalgroup.com/product/bank-reconciliation-system/
Vendor Details
Company Name
Reiterate
Founded
2021
Country
Estonia
Website
www.reiterate.com