AutoRek Reconciliation Software

AutoRek’s powerful automated transaction matching software dramatically reduces the time spent reconciling data from virtually any source e.g. Cash reconciliation or to reconcile accounts -  freeing your resources to resolve problematic transactions, effectively manage risk and provide up-to-date management information. Key features include:

Configurable Open Data Import Facility – grab and match almost any data sources

Reconciliation data can be sourced from a variety of disparate internal and external systems, allowing you use Autorek's reconciliation software to match virtually anything with anything.  Our data import facility can handle the majority of file types including XML, CSV, Excel, CREST®, SWIFT® or any ODBC source. Data can be imported both as a batch or (real time) continuous import.  AutoRek also allows you to import multiple data sources for complex reconciliations helping you to reconcile accounts.

High Performance Matching Engine – automatically reconcile up to 99% of data

At the heart of the AutoRek reconciliation software system is a high performance matching engine that uses defined business rules to compare and match data from the imported files.  Applied sequentially, these rules rapidly facilitate the matching of data - quickly exposing exceptions.  Depending on the nature of the reconciliation, automatic matching can reconcile up to 99% of transactions.

User-Definable Matching Rules – your business, your rules

Although some types of data reconciliation follow fairly standard rules, we know through experience that there are many occasions when standard rules are not enough.  AutoRek’s advanced reconciliation software business rule definition capability means that you can create the rules that you need to solve the most complex bank reconciliation problems.

Supports All Match Types – however complex your reconciliation process AutoRek can cope

From simple one-to-one data matches to more complex one-to-many or even many-to-many, AutoRek reconciles accounts and delivers unmatched performance.  Even when the data to be matched may be compromised by anomalies such as rounding errors or incompatible date ranges, AutoRek’s tolerance matching will allow reconciliations to be completed.

Rollback/Roll Forward Capability – undo and redo reconciliations

You can reverse the entire account or bank reconciliation or just an individual match, unpick errors and roll forward to complete the account reconciliation.

Drives Exception Management Workflow – target: no exceptions left unresolved

A simple-to-use operator interface facilitates manual reconciliation of exceptions.  Exceptions can be labelled or grouped together to create “cases”.  Comments and information requests can be appended and exceptions escalated through your organisation via automated email or web-based reporting.

Detailed Analysis From Interactive Business Intelligence Reports – manage your business

AutoRek reconciliation software analytics module allows you to produce and distribute standard and ad hoc reports that provide the information you need to effectively manage your business e.g weekly reconciled accounts report.  With web-based “dashboard” reporting, trend analysis and advanced data-mining capability, all your management information needs can be satisfied.

Complete Audit Trail – making compliance easier

Each match, manual or automated has a unique identity that can be tracked throughout the reconciliation process.  An audit trail is provided down to the individual transaction and operator level allowing you to prove that your positions are accurate at any time.

Find Out How AutoRek's Advanced Features Can Benefit Your Organisation

We’d love the chance to show you how AutoRek reconciliation software can benefit your organisation.  Please call us now on 0845 603 3613 or contact us to arrange an appointment to discuss your specific organisational needs and allow us to demonstrate how AutoRek can help you.

 

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0845 603 3613 |  info@autorek.com