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What is Reconcilio?
Reconcilio enhances the financial reconciliation workflow by consolidating various data sources, which allows finance teams to reduce manual tasks, speed up closing processes, and effectively identify exceptions.
This platform supports integration with any ERP system, bank reports, payment processors, spreadsheets, or financial data collections. Users can effortlessly upload or connect two datasets to receive matched transactions, suggested matches, and clearly highlighted exceptions without needing to establish rules, mapping templates, or bespoke workflows.
The adaptable tool supports multiple reconciliation scenarios such as bank reconciliation, accounts payable and receivable, intercompany transactions, PSP settlements, credit card transactions, vendor statements, customer balances, and other extensive financial matching tasks.
Reconcilio is offered as both a web-based solution and an embeddable reconciliation engine API, making it suitable for software vendors, ERP systems, finance platforms, and automation providers interested in integrating advanced reconciliation features into their products.
With its intuitive design and comprehensive capabilities, Reconcilio not only makes the reconciliation process more straightforward but also significantly boosts financial accuracy and efficiency across organizations of various scales.
This ensures that users can focus on strategic financial decisions rather than getting bogged down by tedious reconciliation tasks.
What is Aurum?
Aurum Solutions delivers a cloud-based, automated financial reconciliation platform designed to enhance reconciliation processes, enabling finance teams to quickly match a vast number of transactions in just seconds each day. The system consolidates data from a wide array of sources, such as ERPs, banks, payment service providers, and accounting systems, utilizing hundreds of available connections to eliminate the need for manual matching and lessen dependence on error-prone macros. Users can establish customized matching rules, automate the scheduling of reconciliations at their convenience, and manage exceptions while ensuring thorough audit trails that capture every action for compliance and reporting. Additionally, the platform offers visual dashboards and adaptable reports that equip finance leaders with immediate and clear insights into cash positions, discrepancies, and performance metrics. It also supports multi-currency transactions and addresses specific industry requirements, including reconciliations for banks, PSPs, client money, and journal entries, all while seamlessly linking diverse data sources via APIs or SFTP. Consequently, finance teams are able to significantly reduce the time dedicated to data preparation, empowering them to concentrate on more strategic initiatives. This all-encompassing approach to financial reconciliation not only boosts efficiency but also fosters better-informed decision-making throughout organizations, ultimately driving growth and operational excellence.
Media
No images available
Integrations Supported
Clickbase BI
Microsoft Power BI
API Availability
Has API
API Availability
Has API
Pricing Information
$40/month/user
Free Version
Free Trial Offered?
Pricing Information
Pricing not provided
Free Version
Free Trial Offered?
Supported Platforms
SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux
Supported Platforms
SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Company Facts
Organization Name
Reconcilio
Date Founded
2025
Company Location
Cyprus
Company Website
www.reconcilio.com
Company Facts
Organization Name
Aurum
Date Founded
2004
Company Location
United Kingdom
Company Website
aurum.solutions/