ReconBot

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Everything Reconciled

WHAT DOES RECONBOT COVER?

Reconciliations big and small, ReconBot does it all. From automatically reading source documents, to finding the source of imbalance.

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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
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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
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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
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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

STATEMENTS - RECONCILED

An AI solution that automatically reconciles any statement, including bank statements, vendor statements, utility statements to any source document(s) or system. You only get notified of the transactions/movements/invoices that do not reconcile.

INTRODUCING RECONBOT

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