Solutions

Automated Reconciliation Software

Clients across the financial services sector save 50%+ on operational costs using the AutoRek reconciliation solution.

Lights

Get ready to transform your reporting processes

Request a demo

Key benefits

  • Tick icon
    Reduce operating costs by 50% and meet cost-saving objectives
  • Tick icon
    Remove spreadsheets and manual processes for greater efficiency
  • Tick icon
    Achieve ROI in 9 months
  • Tick icon
    Reconcile data in any format, allowing easy integration with existing systems
  • Tick icon
    Access real-time insight and granular reporting, giving you full data confidence
  • Tick icon
    Automated workflows to streamline financial processes
  • Tick icon
    Flexible software to accommodate new regulations
  • Tick icon
    Gain control with the ability to demonstrate comprehensive audit trails
  • Tick icon
    Fully scalable to support company expansion

Reduce operating costs with intelligent reconciliation automation

Reconciling financial data can be time-consuming, costly and needlessly complex. Financial organisations often have their most skilled staff working on repetitive tasks like data standardisation and enrichment.

By eliminating time-consuming and error-prone manual work, AutoRek helps firms to reduce the back-office costs associated with reconciliations and financial controls, delivering ROI in nine months or less.

Take control of your data and be empowered to make decisions

The flexibility of the AutoRek solution truly puts you in the driver’s seat. Configurable dashboards present MI in a way that suits you, giving you full control and visibility of your financial data for better decision-making. Our rules-driven engine can even be changed by business users, meaning that the software grows as you grow.

Illustration

Reconcile any type of financial data

  • Tick icon
    Account
  • Tick icon
    Bank
  • Tick icon
    Credit card
  • Tick icon
    POS / gateway
  • Tick icon
    Balance sheet
  • Tick icon
    Supplier statement
  • Tick icon
    Scheme settlement
  • Tick icon
    B2B payments
  • Tick icon
    Wallet balance
  • Tick icon
    Positions
  • Tick icon
    Fixed assets
  • Tick icon
    Cashflow
  • Tick icon
    Interchange fees
  • Tick icon
    Transaction
  • Tick icon
    Merchant bank

Match high volumes of transactions with speed and accuracy

Reconciling large volumes of transactions is critical for large financial institutions. Not only do we work with some of the biggest organisations in the commercial and investment banking sectors, but our platform currently reconciles 25% of all cash transactions at banks in the United Kingdom.

Our matching engine provides the ability to reconcile limitless volumes of transactions without sacrificing speed or accuracy, with our largest deployment being 2.4 billion transactions.

Illustration

A comprehensive account reconciliation tool for complete data confidence

Disparate systems are a pervasive problem in finance, requiring significant manual work to pull data together. AutoRek streamlines and standardises data from disparate systems, consolidating data into a single, convenient platform.

With a comprehensive audit trail, the solution provides the transparency and governance required to accurately reconcile data, verify the accuracy of accounts and meet reporting requirements. It can process any type of reconciliation, including cash, balance sheets, ledger, sub-ledger, payments, fixed assets and more.

Rapid implementation with expertise by your side

Our in-house technical, industry and regulatory experts work with you to implement the solution, ensuring quick delivery and ROI.

As part of the onboarding process, our clients are assigned a dedicated customer success manager to answer your questions, receive any feedback and provide you with tailored service. You will also be allocated a member of our friendly Client Services team, who are on hand 24/7 to resolve any technical issues you may face.

Illustration

Get ready to transform your reporting processes

Book a demo