Sick of Creditor Reconciliation?
Let computers do the work, faster with higher accuracy.
1. Upload excel
This is optional if using REST API integration
Introducing ACRS
Designed to simplify work, ACRS (pronounced as acres) is an automated reconciliation system that enable users to invite other staff and external parties to comment on the questioned transactions.
Suitable for companies (especially insurance brokers) that have many transactions to reconcile with their banks or creditors (insurers).
Feature Highlights
Work with most Excel formats, text and REST API integration
Highly adaptive logic for matching with auto classification of entries
Chat-style commenting (and attachments) for doubtful transactions
Easy as 1, 2, 3
Benefits
Achieve highly accurate accounting by performing timely reconciliation for banks and creditors.
Collaborate with staff and external parties (banks and creditors) on transactions in doubt.
Save valuable time as there is no typing of emails and paperwork needed.
Auditor access to review and audit the reconciliation process electronically.
ACRS
Computers Reconcile, People Collaborate
How it works
With one click, prepare the list of request for comments, separated by internal and external parties.
ACRS Features
Integration
- Support all banks soft-copy statements and major insurers formats
- Proprietary statement formats can be supported with add-on services
- Drill-down document retrieval possible with add-on services
Productivity
- Email reminders for overdue reconciliations and new replies
- Process fully archived and can be used for auditing
- Highlight and calculate differences in columns (stamp duty, GST, commission, etc)
Automation
- Multi-column matching – match gross, nett, GST, stamp duty and more
- Flexible matching with single-sided and grouped rows for auto matching
- AI-based matching to further reduce manual work
Security
- Archived can be encrypted with password
- Enforce user logins from specific IP address / block
- Auto-expiring tokens for invited participants
Reconcile manually is insane when ACRS is the economically-sound option. Allow us to show you the future…
sending...