Bank Rec automates and simplifies the bank reconciliation process, eliminating manual effort and improving accuracy.
It solves the problem of time-consuming and error-prone reconciliation tasks for businesses of all sizes.
Product Differentiation: Bank Rec excels with its Stay-in-Balance technology, detailed exception reporting, and customizable matching rules, providing a highly efficient and accurate reconciliation solution.
Its user-friendly interface and wizard-driven processes make it easy to implement and use, even without dedicated IT support.
High-Speed Matching: Automates transaction matching between bank statements and general ledger data.
Exception Reporting: Identifies and explains unmatched transactions for efficient research and resolution.
Stay-in-Balance Technology: Helps maintain accurate reconciliations over time.
Customizable Matching Rules: Allows users to define specific matching criteria.
Reporting and Audit Trails: Provides detailed reconciliation reports and audit trails for compliance.