Bank Rec

Bank Rec

Bank Rec streamlines the bank reconciliation process by matching two sets of data according to user-defined rules. Users can create and transmit ACH files, generate reconciliation reports, and export data into Excel or PDF formats. Exception reporting highlights unmatched items, allowing teams to focus on high-priority tasks efficiently.

Top Bank Rec Alternatives

1

T-Recs

T-Recs is a powerful reconciliation software that automates account reconciliations, ensuring accuracy and reducing the risk of errors.

2

Optimus Fintech

Designed to enhance financial efficiency, this AI-driven platform revolutionizes transaction reconciliation and fee management.

3

ReconNET

ReconNET revolutionizes account reconciliation by automating over 90% of daily, monthly, and periodic tasks, significantly enhancing operational efficiency.

4

Kosh.ai

Kosh.ai revolutionizes financial operations by automating reconciliation and treasury management...

5

ZoneReconcile

ZoneReconcile provides a centralized solution for reconciliation tasks within NetSuite, enabling users to manage banking events, handle various file formats, and process high transaction volumes seamlessly.

6

Vin Reco

Vin Reco streamlines e-commerce accounting by automating payment reconciliations across multiple marketplaces.

7

BankCube

It caters to various reconciliation needs, including Nostro, Vostro, cheques, and card transactions...

8

Cegid Conciliator

Utilizing intelligent machine learning, it enhances data accuracy through over 70 automatic controls for invoices...

9

Cointab Reconciliation

With features like column-based matching and fuzzy logic, it achieves 99.9% accuracy while handling millions...

10

XREC

It automates and simplifies financial workflows, enabling precise control over transaction flows...

11

Onex Recon

This cloud-based solution supports diverse reconciliation types, including accounts payable/receivable, bank, and credit card, optimizing...

12

QX QuickReco

It automates data comparison, manages hidden transaction adjustments, and allows tracking of reconciliation tasks...

Top Bank Rec Features

  • ACH file creation and transmission
  • 1464 and 80 byte file support
  • Positive Pay file generation
  • BAI/BAI2 file parsing
  • Excel file consolidation
  • High matching percentages
  • Custom matching rules
  • Wizard-driven setup
  • Stay-In-Balanceā„¢ technology
  • Historical reconciliation reports
  • Detailed exception reporting
  • Audit trail tagging
  • Research-friendly unmatched records
  • Free dedicated implementation consultant
  • Phone and Zoom support
  • 30-day free trial
  • Compatibility with Excel/CSV/BAI files.