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About

A reconciliation should begin with comparing the General Ledger closing balance to the sub-ledger or other relevant sources (such as bank statements or other third-party documents). Differences between the two need to be investigated, quantified, and where possible, resolved by posting correcting journals to the general ledger or sub-ledger as required. Anomalies should be recorded as reconciling items to provide visibility. The balances should match and be fully supported with all documentation attached to the reconciliation. The review process ensures the reconciliation is complete, and you can also add a layer to approve the reconciliation being complete. A framework and a standardised process go a long way to improve the reconciliation process each month-end.

About

Integrate or upload data from any system in your company and keep the information updated through manual upload from your computer or automatic connections to Google Drive, One Drive, etc. Configure the matching rules against which you are going to compare your data once, using a spreadsheet-like interface, and let Simetrik run your configuration automatically in the future. Create custom reports and dashboards with the results of your reconciliation, Simetrik will update them automatically, freeing you from repetitive tasks forever! Visibility with SAML SSO, user provisioning, and audit trails. Storage in the customer's database hosted in your cloud. Privacy and compliance with GDPR and privacy shield. We generate and maintain all the information in a territory, the information is never transferred outside said territory, thus complying with the legal requirements of different countries. We employ numerous security controls including encryption in transit and storage of data.

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 Not 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

Audience

Audit solution for companies

Audience

Companies and businesses in need of a solution to automate all their company's conciliation processes

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Supported

Support

Phone Support Not Supported
24/7 Live Support Supported
Online Supported

API

Offers API Not Supported

API

Offers API Supported

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version Not Supported
Free Trial Not Supported

Pricing

$1,200 per month
Free Version Not Supported
Free Trial Not 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 Not Supported
Live Online Not Supported
In Person Not Supported

Training

Documentation Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported

Company Information

RecWise
Founded: 2017
Australia
www.recwise.com

Company Information

Simetrik
United States
simetrik.com

Alternatives

Alternatives

SaleLedger

SaleLedger

Profitpin LLC
ReconXpert

ReconXpert

Sydel Corporation
FinAlyzer

FinAlyzer

Beyond Square Solutions

Categories

Audit Supported
Financial Close Supported
General Ledger Supported

Categories

Financial Audit Supported
Financial Close Supported

Audit Features

Alerts / Notifications Not Supported
Audit Planning Not Supported
Compliance Management Supported
Dashboard Supported
Exceptions Management Supported
Forms Management Not Supported
Issue Management Not Supported
Mobile Access Not Supported
Multi-Year Planning Not Supported
Risk Assessment Supported
Workflow Management Supported

Integrations

Amazon S3 Not Supported
Amazon Web Services (AWS) Not Supported
Gmail Not Supported
Google Cloud Platform Not Supported
Google Drive Not Supported
Microsoft Azure Not Supported
Microsoft Excel Not Supported
Microsoft OneDrive Not Supported
Microsoft Outlook Not Supported
SAP Store Not Supported

Integrations

Amazon S3 Supported
Amazon Web Services (AWS) Supported
Gmail Supported
Google Cloud Platform Supported
Google Drive Supported
Microsoft Azure Supported
Microsoft Excel Supported
Microsoft OneDrive Supported
Microsoft Outlook Supported
SAP Store Supported
Claim RecWise and update features and information
Claim RecWise and update features and information
Claim Simetrik and update features and information
Claim Simetrik and update features and information