O-RECON
O-RECON
The fundamental activity in bank reconciliation involves matching of individual transactions reported by various stakeholders against each entry in data (CBS).
This process often challenges businesses due to the number of transaction modes, the volume of transactions, varied sources of data, and the inability to consistently maintain the reconciliation on a daily basis. All this creates large bottlenecks and cascading impacts at month-end.
TECHNOLOGY AGNOSTIC
Ori Check is NPCI / RBI approved application which is nationwide acceted and poplular.
FULLY AUTOMATED PROCESS
Automated file uploading and reconciling process along with utomated Escalation process.
CUSTOMIZABLE SOLUTION
Our robust matching engine allows to create match rules – as simple or as complex as needed.
BENEFITS OF O-RECON
Our robust matching engine allows to create match rules – as simple or as complex as needed, to automatically perform the reconciliation as soon as the daily data is available.
PLUG AND PLAY
Our Solution does not need high technical expertise in implementation.
ANALYTICS
It includes Aging Analysis, Non-performance analysis, financial/ Non-financial analysis.
CONTROLLED MECHANISM
The user can define Process Sequencing and Escalation matrix.
USER FRIENDLY
User can define user access controls on each modules.
SEAMLESS INTERFACE
O-Recon gives a seamless Inreface with CBS files for transaction processing.
VERSATILE
O-Recon provides solution for more than 15 types of payment modes reconciliation.
NOTABLE CLIENTS
Our strengthened association with reputed Banks helped us achieve outstanding results.
