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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 Maxima?

Maxima is a cutting-edge AI-powered platform that aims to transform accounting and financial close automation by tackling the most repetitive and error-prone tasks involved in the record-to-report process, including the creation of journal entries, reconciliations, transaction matching, variance analysis, and the overall closing operations, all while maintaining necessary human oversight and complying with regulations such as SOX. The platform's intelligent AI agents extract data from multiple systems, constructing a comprehensive financial framework through an Enterprise Finance Graph, which facilitates the generation of logic-driven journal entries on a large scale and guarantees real-time validation of the general ledger's accuracy, alongside providing extensive evidence and audit trails, enabling accounting teams to dedicate more time to review processes instead of manual task preparation. Maxima's seamless integration with existing ERP systems allows for the automatic posting of entries and the consolidation of various tasks, reconciliations, and reporting into a single platform, which significantly accelerates the closing process—reducing the required time by several days—and eliminates monotonous tasks, achieving a level of automation that greatly enhances efficiency in financial operations. This revolutionary method not only allows financial teams to operate more intelligently but also frees up their time for more strategic endeavors, ultimately leading to improved decision-making within organizations. With Maxima, companies can expect a remarkable shift in how they handle their financial processes, paving the way for innovation and better resource allocation.

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Integrations Supported

Integrations Supported

ADP DataCloud
Charles Schwab
Google Drive
Google Sheets
Microsoft OneDrive
NetSuite
Oracle Fusion Cloud ERP
SAP Cloud Platform
Salesforce
Silicon Valley Bank (SVB)
Snowflake
Stripe
Workday HCM

API Availability

API Availability

Pricing Information

$40/month/user
Free Trial Offered?

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Not specified

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

Reconcilio

Date Founded

2025

Company Location

Cyprus

Company Website

www.reconcilio.com

Company Facts

Organization Name

Maxima

Date Founded

2024

Company Location

United States

Company Website

www.maxima.ai/

Categories and Features

Reconciliation

Not specified

Categories and Features

Agentic AI

Not specified

AI Accounting

Not specified

AI Accounting Agents

Not specified

AI Agents

Not specified

AI Finance

Not specified

Financial Close

Not specified

Reconciliation

Not specified

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