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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.
Description
Reconciling accounts accurately and pinpointing the reasons for missing funds before financial statements are issued can be quite complex, particularly when spreadsheets are involved in the process. The reconciliation steps required are often laborious, and spreadsheets tend to be cumbersome, susceptible to errors, lack security, are hard to verify, and can be processed inconsistently. Moreover, in today's regulatory landscape, which is heavily influenced by compliance mandates like Sarbanes-Oxley (SOX) and various other regulations, the focus on internal controls, data safety, and process efficiency is set to intensify. Consequently, undetected mistakes and inadequate reconciliation compliance can swiftly result in severe repercussions. To address these challenges, T-Recs by Trintech provides a comprehensive control framework that supports daily, monthly, and periodic reconciliation efforts, ensuring accuracy and efficiency in the process. This solution is designed to mitigate risks and enhance the reliability of financial reporting.
API Access
Has API
API Access
Has API
Screenshots View All
No images available
Integrations
Trintech
Pricing Details
$40/month/user
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
Reconcilio
Founded
2025
Country
Cyprus
Website
www.reconcilio.com
Vendor Details
Company Name
Trintech
Website
www.trintech.com/brochure/t-recs-brochure/
Product Features
Product Features
Alternatives
No Alternatives