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Ascent Business Technology Inc

AutoRECON

Accounting & Financial | Accounting Software
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Product Overview

What is Ascent AutoRecon

Ascent AutoRecon is a first-in-industry AI-based reconciliation solution that offers:

Settlement and regulatory reporting

Enterprise-wide scalability

Handling of exceptions & complex business processes

 

Specifications

SaaS and On-Premise

AutoRecon software provide flexibility as per client deployment model, it supports both On-premise and Cloud model.

 

Augmented Performance & Highly Scalable

Highly scalable platform which can process millions of transactions in lesser time and also handle increased volumes without undue strain.

 

Configurable ETL

Configurable Integration with the upstream systems for transaction data input.

Platform is business ready to pre-process and store varied formats of data files.

The ability to Profile, Validate, Enrich, Transform and Mask the data to make it ready for the

 

Rule Driven Exception and Case Management

Fully integrated Configurable online management of exceptions summary, balances and details transactions with drilldown capability.

Real-time capability of Break resolution like manual matching, manual un-matching and write-offs

Cancelled and corrected transactions are processed in real-time.

Configurable and flexible workflow management

 

AI and ML Based Intelligent Matching Algorithms

Configurable matching rules, matching groups provides easy usability and flexibility to incorporate complex human intelligence to the recon engine processing.

Facility to the business users to change the matching rules through UI with virtually no IT support, which enables to bridge the gap between business users and IT support.

Rule based automated transaction matching, virtually supports any complex business rule

Configurable transaction matching algorithm for better performance tuning and matching

Capable of reconciling any data type against any other data type.

 

Dynamic Reports and Dashboards

AutoRecon has a facility where the users can configure dashboards and reports on their own as per the business requirements. AutoRecon Dashboards provide views of KPIs (Key performance indicators) relevant to a reconciliation process.

 

99.9% Reconciliation in Real Time

AutoRecon has a configurable rule engine where user can configure multiple rules per reconciliation and can achieve max match percentage-based on different matching criteria. Our Business Analyst has vast experience in analyzing the data and set rules to achieve maximum match percentage.

 

Chargeback & Proactive Dispute Management

AutoRecon has inbuilt proactive dispute management system which will automatically analyze the transactions and identify the disputed transactions proactively and provide resolutions. It also has chargeback module for multiple interchanges and networks.

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