Features
Key Features
Our automated Nostro Reconciliation System streamlines cross-border reconciliation, keeps records accurate and up to date, and lets business users spot and resolve mismatches fast.
Security & Audit Trail
Maintain a complete audit trail with comprehensive logs of all reconciliations, ensuring compliance with regulatory requirements and simplifying audits. The system offers multi-level user access management, separating administration roles from business user roles and allowing to define granular permissions. This ensures that each user only sees and interacts with the information relevant to their role, enhancing security and operational efficiency.
AMM
Advanced Manual Matching
Benefits
What you can expect
Fast, accurate, and automated — RecoLex handles high volumes with less manual work.
Suspense Account Monitoring
Implement sophisticated rules and utilize custom fields to ensure transactions in suspense accounts are accurately balanced. This approach effectively identifies discrepancies and missing transactions amidst the complexity and persistent non-zero balances.
Event-Triggered Notifications
Stay informed with automated email alerts sent for key events within our reconciliation system, ensuring timely updates on important activities and changes.
Recolex System - Automatching left 32 transactions unresolved
FAQ
Frequently Asked Questions
Here is our most frequently asked questions. If you can't find what you are looking for don't hesitate to contact us.