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ReconAssist™

Financial Reconciliation Solution

Unified and continuous financial payment reconciliation, delivered seamlessly for businesses of all sizes.

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Manual reconciliation is now a thing of the past. The increasing complexity of financial payment ecosystems, along with numerous connected data and service providers, presents a major challenge for financial teams seeking to establish effective data governance practices.

So, Why ReconAssist™?

ReconAssist™ excels in flexibility and configurability, effortlessly processing transactional data for all your financial payment requirements and ensuring accuracy of payments between what is sold and what is settled into merchants’ bank accounts. Its cutting-edge design facilitates multi-point transaction matching, delivering exception reports at both aggregated and per-transaction levels. Additionally, ReconAssist™ actively monitors your entire payment ecosystem’s well-being, empowering finance teams to proactively detect and resolve issues before they affect operations, saving you time and money.

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The Benefits

Reconciliation software offers businesses an efficient and cost-effective solution for managing any financial transactions, saving time and reducing errors.

Accuracy

Reconciliation software ensures financial accuracy by identifying and resolving transaction discrepancies between the till and what is settled into the merchant’s bank account.

Time-saving

Automating the reconciliation process saves time by minimizing manual effort and errors.

Cost-effective

Eliminating the need for costly manual labour allows your team to focus on what truly matters.

Fraud Detection

The software helps detect fraud and the flagging of suspicious transactions.

Ledger Updates

Automate ledger posting & calculate partner fees/commissions.

Increased Productivity

Reconciliation software offers real-time reporting for accurate financial tracking.

Solution Overview

ReconAssist™ stands as the leading web-based solution in Africa, delivering a comprehensive reconciliation experience for the entire financial payments ecosystem. Our platform is designed to be the ultimate solution, offering unmatched convenience and efficiency when it comes to reconciling any payment transactions.

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    Point of Sale

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    ONLINE

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    Card Acquirers

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    Vas Suppliers

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    WALLETS

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DATA FEEDS

Rules Engine

  • DATA VALIDATION
  • EXCEPTION MANAGER
  • WORKFLOW MANAGER
  • POSTING MANAGER
  • AUDIT MANAGER
  • TRANSACTION PROFILING
  • MULTI-VIEW MATCHING
  • DATA MAPPING
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Automated Postings
  • Exceptions
  • Corrections
  • Journals
  • Adjustments
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Web-App
  • Exception Management
  • Reporting
  • Analytics & Dashboards
(DATA IN)
(PCI COMPLIANT)
(DATA OUT)
Download Solution Overview

Quick 5-step

Implementation Process

Arrange a Demo
How long does it take? Average of 6-8 weeks (to live)
Note:  If your POS/till software is already in our library, implementation times are significantly shortened!
1

Needs Assessment with Demo

2

Proposal

3

Onboarding Questionaire

4

Configuration & Testing

5

Go live!

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Leading automated payment & VAS reconciliation solution for any organisation.

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Get in touch with us!

We’d love to hear about your problems.