T-Recs

Cointab reconciliation software is an innovative solution for all your business reconciliation needs. The software enables businesses to complete their reconciliation process seamlessly. This is done by automating the process, from the input of data, cleaning it, running business rules and highlighting reconciled and unreconciled transactions. The software empowers decision makers and financial directors to streamline their internal processes to maintain accurate books of accounts and highlight discrepancies. Cointab’s reconciliation software is an automated software that provides an efficient way to accurately reconcile data. It achieves efficiency by automating multiple business reconciliation processes which include payment gateway reconciliation, bank reconciliation, cash-on-delivery (COD Remittance) reconciliation, Marketplace Reconciliation (Amazon, Flipkart and many more), fee verification, ERP reconciliation and order management system (OMS) reconciliation.

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.