ReconNET - Account Reconciliation Software
ReconNET easily automates daily, monthly, and periodic reconciliation and account balancing to help your organization tighten controls, reduce risk, cut costs, leverage cash, and make more informed decisions.
Tighten Controls to Improve Compliance
By incorporating your unique business rules, ReconNET will allow you to obtain greater visibility and more efficiently manage business risk. ReconNET provides both detective and preventative controls to improve auditability and compliance with Sarbanes-Oxley requirements and other similar compliance mandates.
I’m extremely impressed with the efficiency gains I’ve seen in the Managed Care department since the implementation of Concuity’s solution. Without a doubt, easy access to accurate information results in more effective communications across the entire organization.
—Gary May Vice President, Managed Care Stanford Hospital & Clinics
Reduce Exposure to Risk through Better Exception Management
ReconNET immediately detects and flags issues for review so that you can quickly resolve exceptions and eliminate losses due to fraud, error, or unnecessary chargebacks. Gain valuable insight into unique business trends with ReconNET’s analysis tools. ReconNET allows you to proactively reduce losses.
Decrease Costs and Increases Efficiencies through Automation
Automate over 90% of your processes to improve productivity - all while reducing costs associated with time-consuming, error-prone manual processes. ReconNET will streamline your workflow, giving you the ability to deploy resources to other areas critical to your business.
Maximize the Use of Available Funds
Using ReconNET’s truly anticipatory ACH capabilities, you can transfer more of your available funds into higher-yielding concentration accounts.ReconNET’s advanced calculations let you maximize the use of available funds while avoiding overdrafts.
Increase Decision-Support with ReconNET’s Reporting Tools
Turn raw data into valuable decision-support information. ReconNET’s powerful reporting tools allow you to compare key performance metrics. You’ll be able to optimize processes for increased performance and to reduce costs.
