Automatic matching between technical and accounting flows, suspense item management, less manual month-end work.
ReconH automatically matches technical and accounting flows, isolates suspense items and queues them for processing.
Month-end closings go from days to hours, with a complete audit trail on every reconciliation.
What it does
- Automatic matching between technical and accounting flows.
- Manages suspense items — isolates what doesn't balance and queues it for tracked processing, including partial collections.
- Faster, better documented month-end closings.
- Corrective workflow — sometimes actions need to be taken by portfolio, technical accounting or the broker itself. Workflow management lets you monitor these activities and guarantee perfect reconciliation.
Who it's for
Technical Accounting — Automated reconciliation of intermediary accounts: faster matching, fewer suspense items.
- Technical Accounting
- Operations
Operations (CFO and Administration) — Suspense items are not just accounting clutter: they slow title settlement and affect the soundness of remittances. For those leading administration, ReconH reduces suspense items and bad debt and returns an up-to-date alignment between collected and reported amounts, with direct effects on timing and accuracy of closings.
Compliance — Every match and every exception remains documented. For compliance this means a complete audit trail on technical-accounting flows and a process that is always reconstructable, useful wherever remittance traceability is subject to control.