Reconciliations Solutions

The Need

Reconciliation of accounts in any company usually involves a large number of people, manually reconciling the entries
  • Longer time to reconcile data
  • High effort/resource consumption
  • High Cost & Low Quality
  • Non-Standard Processes
  • Dependence on Good Accounting Skills

The Strategy

  • Futuresoft has vast expertise in implementing and deploying customized Reconciliation solutions for many clients.
  • This has resulted in evolution of great products -  “RecoFlex” & “RecoLite”
  • We can help you extend Recon beyond accounting to inventory, stocks, telecom, sales…
An automated system would provide the following benefits:
  • Improved accuracy
  • Greater control
  • Improved efficiency
  • Decreased costs
  • Easy identification of entries causing account balance discrepancies
  • Timely MIS reports

An automated system would provide the following benefits:

  • Futuresoft has vast expertise in implementing and deploying customized Reconciliation solutions for many clients.
  • This has resulted in evolution of great products -  “RecoFlex” & “RecoLite”
  • We can help you extend Recon beyond accounting to inventory, stocks, telecom, sales…

RECOLITE

  • Reconciliation system that automates account reconciliation process to a large extent, thereby cutting down time and dependence on manual reconciliation expertise.
  • The benefits derived are:
    • Improved accuracy through process standardization
    • Greater control through Reviews, Escalations & Approvals
    • Improved efficiency - Decreased costs
    • Easy identification of entries causing account balance discrepancies
    • Reconciliation criteria can be customized during implementation
    • Flexibility of Multi-Accounts.
    • Timely Web-based MIS reports

RECOFLEX

  • Reconciliation system that automates account reconciliation process to a large extent, thereby cutting down time and dependence on manual reconciliation expertise.
  • Also includes a web based efficient component for Reviews, Maker-Checker  and Escalation capabilities.
  • The benefits derived are:
    • Improved accuracy through process standardization
    • Greater control through Reviews, Escalations & Approvals
    • Improved efficiency - Decreased costs
    • Easy identification of entries causing account balance discrepancies
    • Flexibility of Multi-Customers with Multi-Accounts.
    •  Account Reconciliation allows Multiple Rules that can be parameterized by user.
    • Timely Web-based MIS reports

Connect With Us

Get in Touch with us for your Technology & Interactive Marketing needs

If you want to discuss your ideas, we are listening !

+91-11-4222 8888, info@futuresoftindia.com