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.