ReconNET

ReconNET

Trintech
+
+

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About

Even with strict regulations for accurate and compliant financial reporting, many organizations still use manual or semi-automated processes for reconciliation and certification. Such processes can result in errors, operational inefficiency and lack of visibility into the numbers during certification. A comprehensive end-to-end reconciliation and certification solution, Frontier™ Reconciliation from Fiserv forms a complete account reconciliation picture across your enterprise that makes exceptions instantly visible and reduces manual interventions. Workflows fully automate labor-intensive processes and ensure compliance with corporate and regulatory controls. But reducing errors and write-offs is only part of the picture. By minimizing the need for manual research or interventions during the reconciliation process, organizations can achieve major efficiency improvements and lower operational costs while enabling staff to perform more value-added work.

About

No matter how familiar you are with the process of handling the reconciliation of your organization’s important data, in the end, it presents complex challenges — too much volume, too much time, too many manual processes. And, all too often, inefficient workflows and lack of visibility stymie your team, quickly limiting the use of your reconciliation data across various lines of business. ReconNET is the ideal solution to all of these challenges, helping your office of finance save time, reduce financial risk and grow its value to your business. Our high-volume transaction and matching software automates over 90% of daily, monthly, and periodic reconciliation while reducing associated costs and risks. We want to help you mitigate data-entry and processing errors, minimize manual processes, and tighten your internal controls.

Platforms Supported

Windows Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Platforms Supported

Windows Supported
Mac Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Supported
iPad Supported
Android Supported
Chromebook Not Supported

Audience

Companies seeking a tool to improve operational efficiency, enable compliance and mitigate risks

Audience

Companies looking for a powerful reconciliation automation solution for reliable financial performance

Support

Phone Support Supported
24/7 Live Support Supported
Online Supported

Support

Phone Support Supported
24/7 Live Support Supported
Online Supported

API

Offers API Not Supported

API

Offers API Not Supported

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version Not Supported
Free Trial Supported

Pricing

No information available.
Free Version Not Supported
Free Trial Supported

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Training

Documentation Supported
Webinars Supported
Live Online Supported
In Person Supported

Training

Documentation Supported
Webinars Supported
Live Online Supported
In Person Supported

Company Information

Fiserv
United States
www.fiserv.com/en/solutions/risk-and-compliance/financial-control-and-accounting/frontier-reconciliation.html

Company Information

Trintech
United States
www.trintech.com/targeted-tools/reconnet/

Alternatives

ReconNET

ReconNET

Trintech

Alternatives

Kani

Kani

Kani Payments
Onex Recon

Onex Recon

Osource Global
ReconXpert

ReconXpert

Sydel Corporation

Categories

Compliance Supported
Reconciliation Supported
Risk Management Supported

Categories

Reconciliation Supported

Compliance Features

Archiving & Retention Supported
Artificial Intelligence (AI) Not Supported
Audit Management Supported
Compliance Tracking Not Supported
Controls Testing Supported
Environmental Compliance Not Supported
FDA Compliance Not Supported
HIPAA Compliance Not Supported
Incident Management Not Supported
ISO Compliance Supported
OSHA Compliance Not Supported
Risk Management Supported
Sarbanes-Oxley Compliance Not Supported
Surveys & Feedback Not Supported
Version Control Supported
Workflow / Process Automation Not Supported

Financial Reporting Features

"What If" Scenarios Not Supported
Audit Trail Supported
Balance Sheet Supported
Cash Management Supported
Consolidation / Roll-Up Not Supported
Forecasting Not Supported
General Ledger Supported
Income Statements Supported
Multi-Company Supported
Multi-Department / Project Supported
Profit / Loss Statement Not Supported

Financial Risk Management Features

Compliance Management Supported
Credit Risk Management Not Supported
For Hedge Funds Supported
Liquidity Analysis Not Supported
Loan Portfolio Management Not Supported
Market Risk Management Not Supported
Operational Risk Management Supported
Portfolio Management Not Supported
Portfolio Modeling Not Supported
Risk Analytics Benchmarks Not Supported
Stress Tests Supported
Value At Risk Calculation Not Supported

Risk Management Features

Alerts/Notifications Not Supported
Auditing Supported
Business Process Control Supported
Compliance Management Supported
Corrective Actions (CAPA) Not Supported
Dashboard Supported
Exceptions Management Not Supported
Internal Controls Management Supported
IT Risk Management Not Supported
Legal Risk Management Not Supported
Mobile Access Not Supported
Operational Risk Management Not Supported
Predictive Analytics Not Supported
Reputation Risk Management Not Supported
Response Management Supported
Risk Assessment Supported

Integrations

ARGO Supported
Trintech Not Supported

Integrations

ARGO Not Supported
Trintech Supported
Claim Frontier Reconciliation and update features and information
Claim Frontier Reconciliation and update features and information
Claim ReconNET and update features and information
Claim ReconNET and update features and information