Reconcile data efficiently

Reconwizz allows you to link unlimited sources of data in one application. You can run scheduled tasks and automatic matching rules to simplify your financial institution’s reconciliation process.

Automated matching rules

Define complex matching rules for transactions and data, categorise and prioritise the matching criteria. Reconwizz supports multiple matching criteria criteria for two sets of data.

Reconciliation process automation

Define the process for unmatched transactions that require investigation. Attach notes on unmatched transactions, assign investigation tasks, ask for review and authorization from supervisor, based on defined process workflow.

Dashboards and reports

Customize dashboards for each type of user, as lists or graphical representation. See all scheduled tasks, transactions under investigation, aging of unmatched transactions. Audit trail creates visibility to manually matched or written off transactions.

Flexible pricing

Reconwizz can be used from the cloud servers or installed on in-house servers. Hence providing a flexible pricing model based on the needs of each financial institution.

Scalable and easy to customise

Reconwizz is built on our software development framework, a low-code platform that allows adding new functionality, processes and reports on Reconwizz by your in-house IT specialists.

Processes design

Review of existing reconciliation, front and back office processes with the objectives of eliminating unnecessary transit and suspense accounts. Improve efficiency of transaction reconciliation process and back office departments, reduce the number of unmatched transactions.

Reconwizz implementation

Customize matching rules, unmatched transactions workflow, user rights, dashboards and reports as per the financial institution’s needs. Support the organisation in installing, testing and rolling out of the system. Warranty, and post-implementation support and maintenance offered.

Reconwizz training

Train the financial institution’s IT specialists to technically administer and maintain Reconwizz, as well as to add functionality as required. Train different levels of users and assist in developing customized user manuals. English, Arabic, French, Portuguese languages are available in our team of trainers.

Banking and microfinance consultants specialised in operational efficiency for financial institutions of any size in emerging markets. Advision Finance supports Reconwizz implementations through reconciliation process design, testing, training and reconciliations policies and procedures manuals in Africa, Europe and Central Asia. Read more about Advision Finance.

Technology and applications experts, developers of Reconwizz and SysbuPro. Supports financial institutions in customizing Reconwizz as per needs, adding new functionality and reports, training the technical engineers of the FI. Read more about Planton Solutions.

Reconwizz partner for Middle East and North Africa region. Supports financial institutions in implementing data reconciliation processes, customizing Reconwizz, translating Reconwizz interface to Arabic and French (as required) and provide training to the users. Read more about Avrio Impact consultancy services.

Madhya Infosoft(MIS) is a software development and IT consulting company based out of India. MIS provides Reconwizz implementation services. MIS has been serving Financial Institutions and Banks since last one decade in various capacities. It has trained consultants on Reconwizz who have several years of Banking and professional services experience. Read more about MIS and its offerings.