Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Despite having stringent regulations in place to ensure precise and compliant financial reporting, a significant number of organizations continue to rely on manual or partially automated reconciliation and certification methods. These outdated practices can lead to inaccuracies, inefficiencies in operations, and a diminished ability to oversee financial figures during the certification process. Fiserv's Frontier™ Reconciliation offers a thorough end-to-end solution that provides a complete view of account reconciliation throughout the organization, making exceptions easily identifiable and decreasing the need for manual involvement. The solution fully automates cumbersome workflows and guarantees adherence to both corporate and regulatory standards. However, decreasing errors and minimizing write-offs represents just one aspect of the overall benefits. By reducing the necessity for manual research and interventions during reconciliation, organizations can realize significant gains in efficiency and decrease operational costs, all while allowing their staff to focus on more strategic and value-driven tasks. Consequently, adopting such comprehensive solutions can transform financial operations and contribute to long-term organizational success.
Description
Reconcilio streamlines the financial reconciliation process across various data sources, enabling finance teams to minimize manual efforts, accelerate closing procedures, and better pinpoint exceptions.
The platform is compatible with any ERP system, bank exports, payment providers, spreadsheets, or financial datasets. Users can simply upload or link two datasets to obtain matched transactions, proposed matches, and clearly defined exceptions without the need for creating rules, mapping templates, or custom workflows.
This versatile tool accommodates a range of reconciliation scenarios, including bank reconciliation, accounts payable and receivable, intercompany transactions, PSP settlements, credit card transactions, vendor statements, customer balances, and other high-volume financial matching operations.
Reconcilio is accessible as both a web-based platform and an embeddable reconciliation engine API, catering to software vendors, ERP systems, finance platforms, and automation providers looking to integrate sophisticated reconciliation capabilities into their offerings.
With its user-friendly interface and robust functionality, Reconcilio not only simplifies the reconciliation journey but also enhances overall financial accuracy and efficiency for organizations of all sizes.
API Access
Has API
No
API Access
Has API
No
Screenshots View All
No images available
Integrations
ARGO
No
Pricing Details
No price information available.
Free Trial
Yes
Free Version
No
Pricing Details
$40/month/user
Free Trial
Yes
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
Yes
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
Yes
Online Support
Yes
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
Yes
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
Fiserv
Country
United States
Website
www.fiserv.com/en/solutions/risk-and-compliance/financial-control-and-accounting/frontier-reconciliation.html
Vendor Details
Company Name
Reconcilio
Founded
2025
Country
Cyprus
Website
www.reconcilio.com
Product Features
Compliance
Archiving & Retention
Yes
Artificial Intelligence (AI)
No
Audit Management
Yes
Compliance Tracking
No
Controls Testing
Yes
Environmental Compliance
No
FDA Compliance
No
HIPAA Compliance
No
ISO Compliance
Yes
Incident Management
No
OSHA Compliance
No
Risk Management
Yes
Sarbanes-Oxley Compliance
No
Surveys & Feedback
No
Version Control
Yes
Workflow / Process Automation
No
Financial Reporting
"What If" Scenarios
No
Audit Trail
Yes
Balance Sheet
Yes
Cash Management
Yes
Consolidation / Roll-Up
No
Forecasting
No
General Ledger
Yes
Income Statements
Yes
Multi-Company
Yes
Multi-Department / Project
Yes
Profit / Loss Statement
No
Financial Risk Management
Compliance Management
Yes
Credit Risk Management
No
For Hedge Funds
Yes
Liquidity Analysis
No
Loan Portfolio Management
No
Market Risk Management
No
Operational Risk Management
Yes
Portfolio Management
No
Portfolio Modeling
No
Risk Analytics Benchmarks
No
Stress Tests
Yes
Value At Risk Calculation
No
Risk Management
Alerts/Notifications
No
Auditing
Yes
Business Process Control
Yes
Compliance Management
Yes
Corrective Actions (CAPA)
No
Dashboard
Yes
Exceptions Management
No
IT Risk Management
No
Internal Controls Management
Yes
Legal Risk Management
No
Mobile Access
No
Operational Risk Management
No
Predictive Analytics
No
Reputation Risk Management
No
Response Management
Yes
Risk Assessment
Yes