XREC Description
Calixys, a developer and integrator software solutions, simplifies the management and control financial flows. A unique reconciliation and certification platform combines performance, reliability, and centralisation.
Our cloud solutions are easy-to-use, accurate, and designed for business professionals. They automate and speed up repetitive and time-consuming tasks, allowing teams to focus on analysis and resolution.
XREC is a unique platform for end-to-end reconciling!
XREC's powerful matching engine makes reconciliation operations easier, faster and more reliable. XREC is cloud-based, scalable and secure, removing technical barriers to allow business experts to focus on analysing and resolving discrepancies. XREC's flexible ETL supports large volumes of data as well as any type of source, currency and import formats.
XREC Alternatives
Melio is an accounts payable platform designed to simplify bill payments, improve workflows, and maximize cash flow efficiency for businesses of all sizes. To get started, try all of Melio's features free for 30 days!
You can pay vendors online using bank transfers or credit/debit cards—even if they only accept checks—while Melio takes care of the manual tasks. Integrate seamlessly with QuickBooks and Xero to keep your accounting up-to-date.
Melio allows you to pay through bank transfer or card, helping you extend your cash flow and gain rewards. Enter vendor or bill details manually, upload, or snap a photo of the invoice—it’s that simple. Schedule payments according to your cash flow plan and let Melio manage them. Additionally, you can pay international vendors in their local currency for services and products.
On-the-go? No problem, just get the Melio mobile app on iOS or Android to manage your payments, process approvals, and much more no matter where your business day takes you.
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Big Data Quality must always be verified to ensure that data is safe, accurate, and complete. Data is moved through multiple IT platforms or stored in Data Lakes. The Big Data Challenge: Data often loses its trustworthiness because of (i) Undiscovered errors in incoming data (iii). Multiple data sources that get out-of-synchrony over time (iii). Structural changes to data in downstream processes not expected downstream and (iv) multiple IT platforms (Hadoop DW, Cloud). Unexpected errors can occur when data moves between systems, such as from a Data Warehouse to a Hadoop environment, NoSQL database, or the Cloud. Data can change unexpectedly due to poor processes, ad-hoc data policies, poor data storage and control, and lack of control over certain data sources (e.g., external providers). DataBuck is an autonomous, self-learning, Big Data Quality validation tool and Data Matching tool.
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Certanexa
Certanexa is a cutting-edge platform that leverages artificial intelligence for financial reconciliation and intelligence, specifically tailored for finance teams, accountants, controllers, and expanding businesses. It streamlines the process of matching high-volume transactions, while also pinpointing and probing any discrepancies, integrating financial data from various sources and systems, and delivering reconciliation outcomes that are supported by solid evidence. Beyond simple transaction matching, Certanexa offers features such as predictive reconciliation, insights into cash and settlements, context regarding counterparties, thorough process and statistical analysis, robust financial controls, and audit-ready documentation. The platform aims to minimize the reliance on cumbersome spreadsheets, speed up reconciliation and closing processes, enhance the resolution of exceptions, and provide finance teams with clear, governed insights based on verified financial data. By adopting Certanexa, organizations can expect not only efficiency gains but also a significant improvement in the accuracy and reliability of their financial operations.
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Frontier Reconciliation
Despite having stringent regulations in place to ensure precise and compliant financial reporting, a significant number of organizations continue to rely on manual or partially automated reconciliation and certification methods. These outdated practices can lead to inaccuracies, inefficiencies in operations, and a diminished ability to oversee financial figures during the certification process. Fiserv's Frontier™ Reconciliation offers a thorough end-to-end solution that provides a complete view of account reconciliation throughout the organization, making exceptions easily identifiable and decreasing the need for manual involvement. The solution fully automates cumbersome workflows and guarantees adherence to both corporate and regulatory standards. However, decreasing errors and minimizing write-offs represents just one aspect of the overall benefits. By reducing the necessity for manual research and interventions during reconciliation, organizations can realize significant gains in efficiency and decrease operational costs, all while allowing their staff to focus on more strategic and value-driven tasks. Consequently, adopting such comprehensive solutions can transform financial operations and contribute to long-term organizational success.
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Integrations
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Company Details
Company:
CALIXYS
Year Founded:
2014
Headquarters:
France
Website:
www.calixys.com
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Web-Based
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