ReconX

About ReconX

ReconX provides seamless data reconciliation, 

powered by the SAYA Platform, catering to organizations managing large data volumes. With

 its user-friendly low-code, no-code design, We can automate data comparison and correction, ensuring precision and efficiency in less time.

Reasons to use reconcile in SAYA ReconX
  • Ability to handle millions of transactions per day
  • Quickest implementation possibility with Zero coding
  • Auto rule creation or suggestion based on the given sets of data
  • Micro services based architecture that is future-proof and Cloud agnostic
  • Enterprise Data Reconciliation Platform – Allowing to solve the reconciliation challenges across business domains and different Asset Classes
SAYA ReconX

Simplifying Data Reconciliation

Simple AI-powered Setup

Our AI-driven approach significantly reduces setup time to ensure quick implementation without the need for extensive coding.

Unique AI/ML Matching Engine

Our AI-driven approach significantly reduces setup time to ensure quick implementation without the need for extensive coding.

Effortless AI Exception Management

Simplify your workflow with Powered by AI and intelligent rule-based algorithms, our system streamlines everything from labelling to task assignment for investigation. Accelerate your resolution process and maintain operational integrity effortlessly.

Insights and Control at Every Step

Our reconX offers comprehensive visibility into your reconciliation processes, allowing you to identify areas of improvement and monitor performance seamlessly. Access historical data for detailed reporting and trend analysis, or integrate effortlessly with external/ internal  visualisation tools

Gain AI Assurance

Our SAYA Ethics integrates transparent AI ethics disclosure for every machine learning action, ensuring responsible decision-making at every stage of the reconciliation process. With ReconX, you not only gain advanced data management capabilities but also the peace of mind that your operations align with ethical standards.

Top 5 Benefits of Using ReconX

ReconX

 numerous benefits that can help business in streamlining their enterprise data operations  as below : 

Speed

ReconX can reconcile data at lightning-fast speed, saving time and resources.

Accuracy

ReconX uses machine learning algorithms to ensure that the results are accurate and reliable.

Scalability

ReconX is highly scalable and can handle large volumes of data, to suit any size of the organization.

Cost-Effective

ReconX is a cost-effective solution, as it eliminates the need for manual/Exceptional handling as the time progresses

Ease of Use

ReconX is very easy to use and does not require any technical expertise, making it user friendly  for even inexperienced or less experienced operations users.

Accuracy

ReconX is a cost-effective solution, as it eliminates the need for manual/Exceptional handling as the time progresses

How does ReconX works

ReconX works by analyzing two sets of data and identifies/suggests matching rules between them. It then applies machine learning algorithms to reconcile the data and deliver accurate results. Additionally, ReconX provides the best matching for unmatched data through AI-powered algorithms or suggestions based on the available data. ReconX is capable of handling a wide range of data formats that includes csv files, spreadsheets, pdf statements


SAYA ReconX Vs Other Products

Product Features

SAYA ReconX

Other Products

Auto rule creation or suggestion based on the given data sets Unique Feature Not Available
Reconciliation for any two sets of data irrespective of the domain i.e., possibility of domain agnostic reconciliation Unique Feature Not Available
Quickest implementation possibility with Zero coding 4-6 Weeks Promise Partial
Cloud agnostic/Micro services based architecture that is future proof AWS/Azure/GC Certified Partial
Ability to handle millions of transactions per day Proven Track Record Partial
Intuitive and customizable dashboard Fully customizable Partial
Configurable workflows for exceptions handling/approval Fully customizable Partial
Secure cloud-based platform for reliable data storage Yes Partial
Affordable pricing options Most economical Partial

ReconX solves the current challenges faced by businesses.

  • Manual/Excel-based reconciliation processes
  • High operational costs due to an increase in the volume of data
  • Inaccurate and inconsistent data from multiple systems
  • Time-consuming and complex reconciliation processes
  • Increased probability of Risk of fraud and errors 
  • Delayed reconciliation process resulting in delayed decision-making

 

Conclusion:

Data reconciliation is made smarter, faster and more accurate with ReconX. Embrace the AI advantage and witness the transformation of your data reconcile processes. 

Frequently Asked Questions
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Yes. ReconX meets enterprise security standards
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Yes. ReconX can handle multiple types of data such as csv, API, excel, pdf, swift and formats such as swift, MX
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JAVA Springboot, React JS and Python
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Yes, user can customize the rule for the whole set or even partial set
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No, not applicable. However, user can perform manual actions on application through mobile
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SAYA follows international application security standards such as Application Security Verification Standard (ASVS)
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Yes, ReconX is build considering huge volumes of data and its future growth
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Matching two sets of business critical data
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ReconX Optimizer is USP of SAYA platform that analyzes the two data sets and suggest matching rules between them
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