WHAT DOES RECONBOT COVER?
Reconciliations big and small, ReconBot does it all. From automatically reading source documents, to finding the source of imbalance.
BANK STATEMENTS
- Reconcile Bank Statement to ERP
- Reconcile Bank Statement to Accounting system
- Suspicious transaction check and alert (fraud and debit orders)
- Historical trend of spend per vendor with outlier alerts
- First time payment to new bank account alert
- Vendor bank account change alerts
VENDOR STATEMENTS
- Check Credit, Debit and Running balance
- Compare to movements on ERP or accounting system
- Automatic identification and digitisation of existing vendor statements
- Easy training and verification step for new vendor statements
MUNICIPAL BILL/ TENANT STATEMENT
- Check rates, taxes, water and electrical usage
- Check payment received for previous month
- Check address correctness and land use type
- Can handle any format of Municipal or Tenant billing system
FLEET MANAGEMENT
- Reconcile vehicle fuel consumption against distance covered and planned routes
- Identify source of fuel pilferage
- Matches toll fees attributable to a vehicle. Thus, ensuring that there is an automated bill back to the leasing customer
- Matches traffic fines attributable to a vehicle. Thus, ensuring that there is an automated bill back to the leasing customer
