ReconXpert Description
ReconXpert was originally designed to reconcile Federal Reserve accounting information with the financial institution’s general ledger. However, the application has evolved to eliminate manual reconciliations and ensure that the financial institution's management has accurate and timely information in order to make critical business decisions every day. ReconXpert is composed of two modules that work together to create a powerful reconciliation tool with unparalleled soft-coded matching criteria for quick set-up and reconciliation. The Operations Module is a Web-based tool that allows organizations to perform multiple reconciliations using the business rules defined by the Administration Module. The results are displayed, and users can review them, create manual matches and journal entries, track open items, and investigate them.
ReconXpert Alternatives
Comet Software
The core Comet software package contains the Job Cost, Accounts payable, General Ledger, and Bank Reconciliation modules. This will help you get started in organizing your finances. You can also use the additional modules, such as Purchase Order, Accounts Receivable, Invoicing, or Warranty Management, as your business grows.
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Sahaj Accounting
Sahaj accounting offers a complete business solution. It not only helps you to update but also manage general ledger, payables and recievables inventory. You can perform bank reconciliations and collections as well as consolidate records and manage financial processes across multiple users, locations, or companies. Multiple functions can be performed simultaneously in accounting. One example is that a long ledger can be printed while the user enters in invoices. Multi-location organizations may have difficulties optimizing operational efficiency and controlling their branches. Sahaj Account offers a powerful feature that allows you to capture information according to various business attributes or parameters. This allows you to later analyze and print analysis reports.
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QX QuickReco
Manual processes are ineffective for bank reconciliations involving large volumes of data for multiple banks and accounts. QX QuickReco automates the matching and imports data to streamline reconciliation. The system compares general ledger files and bank statement reports, and auto-matches them. It also supports adjustments for hidden transactions like bank charges or fees. Configure multiple accounts, either from the same or different banks. Add newly created accounts to the system. Import thousands records from bank books and statements, and reconcile them instantly. Easy to enter adjustment entries for payments that don't match the invoice. Separate entries according to whether they were auto-matched, manually matched or adjusted.
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Bank Rec
Bank Rec™, takes the pain out reconciling bank accounts. Quickly, easily, and even fun! reconcile your bank accounts. Your staff will be free from the tedious task of 'ticking' and 'tying'. You can quickly research and report on matched records by tagging them with an 'audit number'. Unmatched records will be 'rolled forward' to the next period until they are matched. Even if you are out of balance, run a reconciliation report. We'll recommend a journal entries. You can find additional reports in our bank reconciliation report library. Enables them to turn what may have been a 'one-person' job into a documented process that allows for consistency and personnel/operational backup. It can be used to open any Excel/CSV/BAI file from their bank or accounting software. You can either use our matching rules or create your own bank reconciliation matching criteria. Exception reports let you know why items did not match. This saves time and allows you to concentrate on high-exposure items.
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Integrations
No Integrations at this time
Company Details
Company:
Sydel Corporation
Year Founded:
1998
Headquarters:
United States
Website:
www.sydelcorp.com
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Product Details
Platforms
SaaS
Type of Training
Documentation
Customer Support
Phone Support
Online
ReconXpert Features and Options
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