Every company has its own complexity in the reconciliation process and SmartConcil understand that, providing a bussines-rule algorithm that can help predifine and customize different user cases according to your bussiness – ensuring an tailored made implentation.
Consolidate all bank statements into a centralized platform, organizing them based on currency or account. This allows for seamless internal data sharing.
Streamline your reconciliation process by loading, validating, and executing automated reconciliation. If necessary, easily create manual matching cases. Further, efficiently close periods and identify the reasons behind any inconsistencies.
Easily export data based on transaction status and historical information. Generate comprehensive period-end closing reports for internal control, auditing and compliance purposes. Export clean and processed data for internal use
Harness the power of our matching engine through the rules manager, which allows users to adapt and customize rules. This ensures 100% accuracy in identifying inconsistencies within the data.
Provide valuable feedback directly to internal systems by running database procedures, using APIs, or exporting data in specific formats. This integration allows you to quickly take action once inconsistencies are identified.