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Description
Relying on manual methods for bank reconciliation can be inefficient, especially when dealing with a large number of accounts across various banks. QX QuickReco simplifies this process by automatically importing data and facilitating the matching of transactions to enhance the efficiency of reconciliation. The platform aligns information from general ledger files with bank statement reports, performing automatic matches while also accommodating adjustments for any hidden transactions, like bank fees or charges. Users can conveniently set up and manage multiple accounts from the same financial institution or from different banks. Additionally, the system allows for the integration of newly established accounts, enabling the import of thousands of records from bank statements and bank books for seamless automatic reconciliation. It is also straightforward to enter adjustment entries for payments that do not correspond with invoices. Furthermore, entries can be categorized based on their matching status—whether they were auto-matched, manually matched, or adjusted—providing clarity and organization throughout the reconciliation process. This comprehensive solution ultimately enhances accuracy and saves valuable time for financial professionals.
Description
Reco utilizes the specific business context to safeguard sensitive assets exchanged through platforms like Slack, Jira, Microsoft 365, and Google Workspace, among others. By mapping out critical business processes and interactions, Reco identifies the data assets that circulate through various collaboration tools. This includes instances such as customer tickets containing confidential information, messages sent in inappropriate Slack channels, or files mistakenly shared with unauthorized users. Reco offers robust protection for your organization by employing proprietary AI technology that dynamically maps business interactions, allowing it to pinpoint sensitive assets being shared. This innovative approach provides insight into each user action and effectively reveals incidents that are particularly significant to your organization. Rather than relying on outdated static rules that require constant monitoring and adjustments as your business evolves, Reco's AI engine delivers protection for sensitive assets shared through collaboration tools with its adaptable context-based detection system, which requires no ongoing maintenance or configuration. By embracing this cutting-edge solution, businesses can ensure a more secure and efficient collaboration environment.
API Access
Has API
API Access
Has API
Integrations
Blink
Daylight
Google Workspace
Jira
Microsoft 365
SAP Store
Slack
Integrations
Blink
Daylight
Google Workspace
Jira
Microsoft 365
SAP Store
Slack
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
QX Global
Country
United Kingdom
Website
qxglobalgroup.com/product/bank-reconciliation-system/
Vendor Details
Company Name
Reco
Country
United States
Website
reco.ai