The Reconciliation module automates the process of matching financial event record between multiple financial systems (like Banks, PSP/Switches, Internal Ledger etc), highlights exceptions, and provides audit-ready data outputs.
Traditional reconciliation is slow and manual. Recital automates this process ensuring accuracy and consistency, and delivering:
- Speed: Reduce time-to-close from weeks to hours.
- Accuracy: Fewer mismatches with configurable rules.
- Transparency: A complete audit trail of every record and exception.
Recital is built to handle millions of records per run with guaranteed accuracy and auditability.
