Reconciliation Intelligence

Reconciliation Intelligence

A Reconciliation Engine to unlock Efficiency and Transparency

ReconHub provides a powerful reconciliation engine to match electronic payments that you have accepted with the bank payouts from your payment providers. Let ReconHub Reconciliation Intelligence help you to close your books efficiently and transparently.

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Let the Engine Do the Thinking

ReconHub offers optimized matching of sales transactions with settlement transactions and bank payouts from any source. It is designed to handle millions of transactions and provides insights into unmatched transactions. With ReconHub, exceptions are swiftly handled through suggestions on how to rectify unmatched transactions. Focus on what truly matters, as ReconHub prioritizes exceptions that require your attention while suggesting if a transaction is likely to match in the future.

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Get a Clear Picture. Fast.

  • Gain a comprehensive overview of the matching status through a user-friendly dashboard. Access sales, settlement, and bank matching information all in one convenient place.
  • Easily identify unmatched transactions, including the branch where they occurred, the reason for the lack of a match, and actionable steps for quick resolution.
  • Drill down in your matching data, by time period, organizational structure or payment providers, so you can focus your attention to where it matters.
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Take Control and Handle Exceptions. Efficiently.

  • See smartly filtered, potential matching candidates when matching manually.
  • Easily add adjustments and missing transactions with a simple wizard.
  • Use bulk operations to efficiently handle exceptions that affect multiple transactions.
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Standardize Matching. Once and For All.

  • Easily set up and manage matching rules using a user-friendly wizard and let them do the heavy lifting.
  • Streamline your matching process with pre-configured rules for a unified approach.
  • Define intricate rules with simple yet powerful criteria, such as matching by amount, time, transaction reference, and more.
  • Employ tolerant rules for complex scenarios or when dealing with lower quality matching data.
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Understand Matching. Simple.

  • ReconHub links all related transactions into a chain, so you can later know exactly which sales transaction was paid out with which bank payment.
  • Gain deep insights into your matching performance with our comprehensive analytics center.
  • Visualize matching statistics, uncover trends, and make informed decisions based on data.
  • Identify systemic issues in your matching process, such as a store that fails to adhere to your procedures, leading to reconciliation problems.

Benefits of ReconHub's Reconciliation Engine

Efficiency

Close your books faster and more efficiently, saving valuable time and resources.

Transparency

Gain a 360° overview, visualize problem areas, and make smarter decisions with better understanding of your matching process.

Automation and Standardization

Use the same matching process. Every day. No more human errors.

Accuracy

Reduce human errors and simplify exception handling for more accurate numbers.

Explore More Features of ReconHub

Data Analytics at Your Fingertips

Unlock insights from your financial data with ReconHub's powerful analytics capabilities. Make informed decisions with real-time data and custom reporting.

Data Analytics

Streamline Your Receivables Management

Keep your cash flow healthy and your customers happy. Our platform helps you manage invoices, track payments, and follow up on overdue accounts with ease.

Accounts and Receivables Management

Seamless Integrations and Connectivity

ReconHub integrates seamlessly with your existing accounting systems and financial software. Enjoy a unified, streamlined financial management experience.

Integrations and Connectivity

A Plan That Adapts to the Needs of Your Business, Both Now and in the Future.

Standard

Ideal with less than 1 M transactions or 100 M CHF/EUR revenue per year.

For Medium-Sized Businesses
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Efficient, transparent electronic payment reconciliation.

  • Streamline Your Closing Process: Fast, clear and simple financial handling.
  • Gain Transparency: Simplify electronic payment tracking and understand your payments and fee mix.
  • Close with Confidence: Quick, insightful and transparent financial closure.

Enterprise

Ideal with more than 1 M transactions or 100 M CHF/EUR revenue per year.

For Large Enterprises
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In-depth control and transparency in payment reconciliation.

  • Master Your Closing Process: Comprehensive insights, transaction-level matching and effective exception handling.
  • Transparency in Payments and Processes: Understand your payments and fee mix, and your matching processes in detail.
  • Enhance Compliance: Increase transparency and standardize processes, to reduce risk and enhance compliance.

Experience the Power of ReconHub for Yourself

Schedule a demo today and discover how our software can transform your finance and accounting operations.

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