Ascent AutoRecon© software is a first in the industry that is readily configurable, real-time and powerful reconciliation solution, which provides an end-to-end enterprise-wide scalable solution to manage banking reconciliation and handle exceptions for complex business process in large and medium size banks.
Ascent AutoRecon© Banking reconciliation software helps in automatic matching in several areas of bank reconciliation, such as traditional bank reconciliation and reconciliation of foreign currency accounts, direct payments, cash, card terminals (Visa, MasterCard, Eurocard) and bank transfer.
AutoRecon incorporates Artificial Business Intelligence to deliver intelligent matching and exceptional volume performance, using high performing matching algorithms.Automatic banking reconciliation simplifies your work processes, making them both faster and more accurate.
AutoRecon Software is easy to deploy and highly configurable and is available in a cloud-based solution ( software-as-a-service (SaaS), as well as on premise installation.
This reconciliation software is ready to use as it is readily customizable (via configuration) and no development effort is needed as all customization is done through rich web based UI. It can be seamlessly integrated with the existing enterprise wide transaction management solutions and post trade settlement systems.