| Options |
Features |
| |
|
| SECURITY |
|
| User Management |
Functionality for users to be managed.
User ID's can be created and maintained (added/ removed) in the system. |
| |
Role Based Access
Rights |
Access Rights can be managed for a Group (Role) of users. |
| |
| Multiple Account Setup |
Multiple Recon accounts (sets) can be setup & processed within the same
system & database.
Multiple Customer Accounts can be created and managed withihn the same
implementation. |
| |
| Multiple Customers |
This option allows handling of multiple accounts of multiple customers within
same system. Each Customer's accounts and data can be segregated
physically, if required, for better security. |
| |
Relationship between
User and Customer |
Relationship between users and customers can be established & managed
through this feature |
| |
| Aging Rule Account |
All accounts of a particular account type to which aging rule applies would be
aged according to the rules specified. |
| |
| AUTO MATCH |
|
| |
| Single/All Account |
Matching of records of single/All accounts is performed in a sequential
manner. |
| |
| Account Rule |
Using this feature, single account rule can be specified based on which
reconcillation is done. |
| |
| Multiple Account Rule |
Reconcillation can also be performed on the basis of multiple account rules. |
| |
| MANUAL MATCH |
|
| |
| Expand Transaction |
User can select a required transaction and break it into a number of
transactions |
| |
| Collapse Transaction |
Allows to club a number of transactions into one transaction on the basis of reference
number. |
| |
| Reverse Collapse |
This is "Undo" of collapse. Collapsed transactions will come to original
state. |
| Write-Off |
Transactions that have been not reconciled for a long time and needs to be
written off. |
| |
| Reverse Write-Off |
"Undo" of Write-Off. Write-off transactions can be reversed provided feed
to external data source
has not been generated. |
| |
| Recon Soft Closure |
After closing a particular a/c, transactions would appear in "Overdue Rec
Stages" link. |
| |
| Recon Review & Finalization |
For a particular a/c, transactions can be final closed by an approver after
which they cannot be uploaded. |
| |
| Email notification for Reco. Review |
Auto Email notification would be generated to a Reviewer, when an account
is Soft-Closed by Reconciler |
| |
| Send Match Set for review |
Reconciler can send specific matched transactions to approver for review |
| |
| Usage Instruction |
List of various usage instructions can be maintained in the system. |
| |
| Account Docs |
Files can be stored with the help of browse button in account docs. |
| Replace Reference |
Will specify if reference number of transaction uploaded from file can be
edited for that particular account type. |
| |
| Notepad |
Notepad can be used using this feature. |
| |
| JOURNAL VOUCHER |
|
| JV Data |
Journal Voucher entries are generated by system for the variance match
sets. |
| UNDO |
|
| |
| Complete Undo |
Any matched set of transactions can be Undone by the user. |
| |
| Selective Undo |
Partial matched set (i.e. some transactions) of a matched set can be Undone
by the user. |
| |
| HOUSE KEEPING |
|
| |
| Currency Setup |
List of various currencies is maintained in the system. |
| |
| Location Setup |
Details of various locations is managed using this option in the system |
| |
| Business Unit |
Business Unit details are stored and managed in the system. |
| |
| Account Template |
A number of account templates can be created and maintained in the system. |
| |
| Recon Source |
Multiple types of reconciliation data inputs can be setup in the system. |
| |
| Recon Type |
List of recon types are maintained in the application. |
| |
| Recon Rule |
Details for Recon Rules can be managed in the system |
| |
| Recon Frequency |
Detail for indicating frequency of Reconciliation can be handled. |
| |
| Review Calendar |
Review calendar list is managed using this feature. |
| |
| Escalation |
Escalation email is fired, if problems are encountered in uploading. |
| |
| Aging Parameters |
List of various aging parameters are maintained. |
| |
| REPORTS |
|
| |
| Aging Report |
Report to show Categorized aging of un-reconciled transactions, summarized
on account level. |
| |
| OutstandingTransactions Report |
All outstanding transactions which are there in the system are shown in this
report. |
| |
| Exhibit Report |
Annexure wise exhibit report is provided in the system. |
| |
| Reconciliation Report |
All Reconciled transactions are shown in reconciliation report |
| |
| Variance Report |
Transactions which have been reconciled with variance are shown in this
report. |
| |
| Recon Work Dashboard (Client Work Set andPeriod Wise) |
Transactions categorized on date range for a single/All clients. |
| |
| Resource wise accountwise productivity report |
Users are given the report of resource wise reco lite work set wise resource
utilization |
| |
| User Management |
Functionality for users to be managed.
User ID's can be created and maintained (added/ removed) in the system. |
