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Financial Reconciliation Solutions

Financial Reconciliation Solutions Reviews and Ratings

What are Financial Reconciliation Solutions?

Gartner defines financial reconciliation solutions as the key tool that enables the controllership team to manage and reconcile financial transactions across internal and external data sources. Financial reconciliation solutions replace manual transactional matching efforts with a standardized and automated workflow, configurable to predefined business rules. These solutions are cloud-deployed via software as a service (SaaS)

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Logo of Cadency

Cadency

By Trintech

4.5
(69 Ratings)

Cadency is a software designed to automate and manage financial close processes for organizations. It integrates tasks such as account reconciliation, journal entry, compliance, and reporting into a single platform. The software provides tools for workflow automation, real-time visibility, and risk management, enabling businesses to streamline period-end activities and improve the accuracy and efficiency of the financial close. Cadency helps address common challenges such as manual processes, fragmented data, and lack of transparency, supporting finance teams in maintaining regulatory standards and ensuring reliable financial operations.

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Logo of BlackLine

BlackLine

By BlackLine

4.7
(38 Ratings)

BlackLine software is designed to automate and streamline financial close and accounting processes for businesses. The software provides solutions for account reconciliation, transaction matching, journal entry, and task management, enabling organizations to centralize and standardize their workflows. BlackLine software assists in improving accuracy, increasing visibility, and reducing manual efforts in financial operations. By offering real-time data access and configurable controls, the software supports compliance and audit preparation while helping mitigate risks associated with manual spreadsheets and siloed data. The software addresses the challenges of process inefficiency and lack of transparency in financial close management for enterprises.

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Logo of Adra

Adra

By Trintech

4.2
(21 Ratings)

Adra is a financial close management software developed to streamline and automate processes such as account reconciliation, transaction matching, and task management within finance teams. The software provides tools for tracking close tasks, monitoring progress, and maintaining compliance through standardization and transparency. Adra integrates with various enterprise resource planning systems and financial platforms, enabling organizations to manage reconciliations, identify discrepancies, and reduce manual effort in the period-end close process. The software addresses the business problem of inefficient and error-prone financial closing procedures by offering dashboards, automated workflows, and audit trails, facilitating accuracy and accountability in financial reporting.

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Logo of Xelix

Xelix

By Xelix

4.7
(21 Ratings)

Xelix is an enterprise software company offering an AI-powered Control Centre for Accounts Payable (AP) teams. We work with global companies to automate and enhance their financial control processes.

Xelix’s AP Control Centre addresses five core AP processes: overpayment and fraud prevention, master vendor data management, supplier statement reconciliation, vendor query management, and AP/P2P reporting.

Xelix works alongside existing finance systems to provide a sophisticated layer of automation for the key audit and control processes within Procure-to-Pay. It is completely cloud-based, and flexible, making it suitable for large organisations across all sectors.

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Logo of ReconNET

ReconNET

By Trintech

3.6
(18 Ratings)

ReconNET is a software designed to automate and manage account reconciliation processes for organizations. The software facilitates the reconciliation of transactions from multiple sources, helping to identify discrepancies and improve financial data accuracy. It provides functions such as transaction matching, exception management, and reporting to streamline financial close processes. ReconNET supports compliance efforts, reduces manual workload, and provides audit trails and controls to improve transparency and efficiency in financial operations. The software is utilized by businesses aiming to enhance the reliability and control of their reconciliation and financial close activities.

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Logo of Solvexia

Solvexia

By Solvexia

4.6
(11 Ratings)

Solvexia is cloud-based reconciliation software that automates complex financial processes for modern finance teams. It streamlines transaction matching, account reconciliations, data consolidation, and reporting—reducing manual effort and improving accuracy across high-volume workflows.

As an advanced reconciliation tool, Solvexia centralizes data from multiple systems, applies configurable matching rules, and provides real-time visibility with built-in audit trails. Finance teams can manage exceptions, enforce controls, and standardize processes through automated workflows.

If you're looking for reconciliation software that replaces spreadsheets and scales with your business, Solvexia helps you close faster, strengthen compliance, and gain clear, reliable insights from your financial data.

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Logo of OneStream Platform

OneStream Platform

By OneStream

4.2
(9 Ratings)

OneStream's platform allows customers to conquer complexity and improve the integrity of financial results by aligning account reconciliations with financial reporting, replacing spreadsheets or standalone accounts reconciliation software solutions with a unified intelligent finance platform. With OneStream, account reconciliations live together with financial reporting so there is never a disconnect between your financial reports and your account reconciliation process. Because it's unified, OneStream provides a link from reported balances to reconciled accounts. Users can drill-to-reconciliation instantly from financial reports in one unified system. OneStream also delivers risk management reporting on your balance sheet by presenting a complete statistical picture of the quality of your financial statements.

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Logo of RunMyJobs

RunMyJobs

By Redwood Software

4.4
(5 Ratings)

RunMyJobs by Redwood is a SaaS enterprise automation fabric solution for automating complex end-to-end processes with a focus on both SAP and non-SAP environments. As an SAP Certified App that’s purpose-built to integrate with SAP’s entire landscape, it delivers reduced risk, faster time-to-value and long-term reliability to SAP customers. It supports clean core strategies and helps solve business challenges more efficiently. RunMyJobs is designed for enterprises across diverse sectors including manufacturing, utilities, retail and banking with an emphasis on those leveraging intricate ERP landscapes. It provides comprehensive orchestration, management, and monitoring of workflows across applications, services, servers and architectures, offering the flexibility to adapt to evolving tech landscapes. It combines power with ease of use, enabling organizations to optimize operations, minimize manual work and reallocate resources towards strategic innovation.

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Logo of Trintech Frontier

Trintech Frontier

By Trintech

4
(4 Ratings)

Trintech Frontier is a software designed to automate and manage the reconciliation of financial transactions for organizations. The software consolidates data from multiple sources, provides configurable matching rules, and streamlines the identification and resolution of variances. Frontier addresses the business problem of manual reconciliation processes, supports compliance requirements, and enhances audit transparency. It offers workflow management, reporting capabilities, and integration options with various enterprise resource planning systems to improve operational efficiency and reduce risks associated with financial close activities.

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Logo of FloQast Reconciliation Management

FloQast Reconciliation Management

By FloQast

5
(3 Ratings)

FloQast Reconciliation Management is a software designed to automate and streamline the account reconciliation process for finance and accounting teams. The software enables users to manage reconciliations by centralizing documentation, providing status tracking, and facilitating task assignments. It helps reduce manual errors and improve transparency in the financial close process by integrating with existing ERP systems and supporting various reconciliation formats. Its features address challenges related to workflow coordination, completeness, and audit readiness, allowing organizations to maintain accurate financial records and support compliance with internal controls.

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Logo of Oracle Fusion Cloud Enterprise Performance Management (EPM)

Oracle Fusion Cloud Enterprise Performance Management (EPM)

By Oracle

5
(3 Ratings)

Oracle Fusion Cloud Enterprise Performance Management (EPM) software delivers capabilities for planning, budgeting, forecasting, and financial close, enabling organizations to manage and analyze financial processes. The software facilitates integration of data from various sources, supports modeling and scenario analysis, and provides workflow management for financial consolidation and reporting. With automation features, it helps businesses increase accuracy and efficiency when preparing financial statements and reports. Oracle Fusion Cloud EPM software addresses challenges related to financial performance visibility, regulatory compliance, and resource allocation by centralizing financial processes in the cloud and offering decision support through analytical tools.

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Logo of ReconArt

ReconArt

By ReconArt

4.7
(3 Ratings)

ReconArt software is designed to automate and streamline account reconciliation and financial close processes for organizations. It provides features such as transaction matching, workflow management, exception handling, and configurable reporting. The software helps users to centralize and manage data from multiple sources, enabling efficient identification and resolution of discrepancies. ReconArt software supports audit trails and compliance requirements, aiming to reduce manual intervention and increase accuracy in financial operations. It addresses the business problem of improving operational efficiency, transparency, and control in reconciliation activities, assisting organizations in reducing errors and optimizing their period-end processes.

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Logo of Accurate

Accurate

By Trintech

5
(2 Ratings)

Accurate is a software developed by Trintech that supports financial close and reconciliation management for organizations. The software streamlines the reconciliation process by automating task workflows, tracking balances, and ensuring compliance with accounting standards. Accurate enables users to identify discrepancies, manage exceptions, and improve the transparency of financial data. The software helps address challenges related to manual reconciliations, risk of errors, and lack of visibility by providing a centralized platform for reconciliation activities. Accurate integrates with various enterprise resource planning systems to facilitate the import of financial data. The software is designed to improve accuracy, reduce processing time, and support audit readiness for organizations seeking standardized and efficient financial close operations.

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Logo of AutoRek Platform

AutoRek Platform

By AutoRek

4
(1 Rating)

AutoRek Platform is a software product developed to address the automation and management of financial data, reconciliation, and reporting processes in organizations. The software facilitates the aggregation, validation, and comparison of data from multiple sources to help users streamline reconciliation tasks, manage workflow, and produce regulatory and management reporting. AutoRek Platform is used to identify, investigate, and resolve discrepancies in financial records, and provides features for data matching, exception management, audit trails, and compliance monitoring. The software aims to help businesses reduce manual intervention, mitigate operational risk, and improve transparency in financial operations by offering a framework for configuring rules, integrating with existing systems, and supporting efficient data processing in business environments.

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Logo of BRx Match

BRx Match

By Broadridge

BRx Match is a software developed by Broadridge that focuses on automating and streamlining reconciliation processes for financial institutions. The software offers multi-asset, multi-currency matching capabilities and is designed to handle complex, high-volume transactions across various asset classes. BRx Match provides configurable rules and workflows to detect exceptions, reduce manual intervention, and improve operational efficiency. By centralizing reconciliation operations, the software helps organizations address regulatory requirements, strengthen internal controls, and reduce risk associated with errors and mismatches in transaction data. The solution aims to support scalability for growing business needs and integrates with diverse systems to facilitate efficient data management in financial environments.

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Logo of CCH Tagetik Account Reconciliation & Transaction Matching

CCH Tagetik Account Reconciliation & Transaction Matching

By Wolters Kluwer

CCH Tagetik Account Reconciliation & Transaction Matching is software designed to automate and streamline the process of reconciling accounts and matching transactions in financial operations. The software enables organizations to validate account balances and compare large volumes of financial data efficiently, aiming to reduce manual effort and mitigate the risk of errors. It offers features such as configurable reconciliation templates, rule-based transaction matching, workflow management, and real-time dashboards for visibility into the reconciliation process. By centralizing reconciliation activities and supporting audit trails, the software helps finance teams improve accuracy and efficiency in closing financial periods and addressing compliance requirements.

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Logo of DualEntry

DualEntry

By DualEntry

DualEntry automates accounting processes and gives finance teams time back to refocus on strategy. The cloud ERP for product-centric enterprises integrates with global banks and many popular CRM, AP, AR, and BI tools – offering streamlined data management and modern financial reconciliation solutions. Transaction import, categorization, and matching are handled automatically, keeping accurate financial records and easing audit prep. From its automated accounts payable applications to its powerful general ledger – featuring unlimited nested classifications – DualEntry supports accountants at every step of their workflows, reducing manual data entry, cutting out financial-reporting discrepancies, and ending time-consuming reconciliation processes. The AI-native ERP and cash flow management software also has features like multi-channel transaction capture, automated data entry, instant error detection, and real-time reporting to improve business’ accuracy and efficiency.

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Logo of Ease Commerce

Ease Commerce

By Ease Commerce Technologies

Ease Commerce is a software designed to facilitate e-commerce operations for businesses by providing tools for product and inventory management, order processing, customer engagement, and online payment integration. The software supports catalog creation, automated stock updates, and real-time reporting, allowing businesses to track performance and streamline store administration. It offers multi-channel support to extend online presence and synchronizes product data across different marketplaces, reducing manual effort. Ease Commerce addresses operational inefficiencies by centralizing business workflows, helping companies manage transactions, customer interactions, and analytics from a unified dashboard. The software aims to simplify commerce processes and improve efficiency for businesses operating online.

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Logo of Kepion

Kepion

By Kepion

Kepion is a software designed for business performance management, offering planning, budgeting, forecasting, and reporting capabilities. It allows organizations to model and analyze financial and operational data, enabling collaboration within teams for scenario planning and resource allocation. The software integrates with various data sources and supports workflows for approval and review processes, helping to streamline financial consolidation and planning cycles. Kepion provides tools for customizing dashboards, creating reports, and managing key performance indicators to assist enterprises in improving decision-making and managing business processes efficiently.

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Logo of Oracle NetSuite ERP

Oracle NetSuite ERP

By Oracle

Oracle NetSuite ERP is a software designed to support business management by automating and streamlining core processes, including accounting, inventory management, order processing, procurement, and human resources. The software integrates financial management and reporting features to help organizations manage their finances and comply with regulatory requirements. It offers modules for supply chain management, purchasing, and production planning to improve operational efficiency. Oracle NetSuite ERP provides dashboards, analytics, and customizable workflows to help businesses analyze performance and optimize processes. The software serves a variety of industries and is intended to address the needs of companies seeking to unify data and automate routine tasks in order to support growth and efficiency.

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Gartner Research

Market Guide for Financial Reconciliation Solutions

Top Trending Products

CadencyOracle Fusion Cloud Enterprise Performance Management (EPM)

Popular Product Comparisons

BlackLine vs CadencyBlackLine vs FloQast Reconciliation ManagementBlackLine vs OneStream PlatformCadency vs OneStream PlatformAdra vs BlackLineAccurate vs ReconNETAdra vs Cadency

Gartner Peer Insights content consists of the opinions of individual end users based on their own experiences, and should not be construed as statements of fact, nor do they represent the views of Gartner or its affiliates. Gartner does not endorse any vendor, product or service depicted in this content nor makes any warranties, expressed or implied, with respect to this content, about its accuracy or completeness, including any warranties of merchantability or fitness for a particular purpose.

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