Concourse – Reconciliation is a real-time, rules-based software solution that automates the reconciliation process. It allows companies to view their current reconciliation status, net positions, suspense items, and specific reasons for data discrepancies.
- Automatically load data from all transaction sources
- Link data and create complete transaction life cycles
- Reconcile transactions from two or more data sources
- Perform attribute and balancing reconciliation
- Configure any number of reconciliations
- Leverage rules-based equivalency checks and amount determinations
- Assign reconciliation plans based on transaction attributes
- Reconcile by currency
- Verify real-time reconciliation status and net positions
- Identify discrepancies and unmatched activities in real-time
- Quickly view dates with active discrepancies
- Easily identify the reason for discrpencies
- Resolve discrepancies using resolution workflows
