RecEasy – SAP-Certified- Reconciliation Expert
Automates Month End Finance Processes
Taking the stress, time and expense out of financial close
Your Online Management Accountant
It completes overall GL account analysis. It calls out costs that are missing, new, needs clearing or needs to be accrued. It analyses the variance calling out reasons for the variance. It is your automated online management accountant.
Your Online Account Reconciler
It automates tedious month-end reconciliations. It reviews company’s finance data against unstructured data present in various file formats like Excel docs, PDFs, Screenshots, & emails. RecEasy reconciles the accounts automatically to ensure that information is correct per regulations, and a full audit trial is established. It cleans up and clears the accounts.
Vendor statement and cost analysis
Vendor Recs: Matching the data from the statement in excel format to the data in SAP. Vendor Payment Allocations and Clearing: Direct Debit vendor payments often do not get matched with the invoices leaving the accounts in a mess. We clean up the accounts.
Data Cleanup and DB size
Helps companies clean up the accounts and transactions before it is ready to be moved across from SAP ECC to S4 Hana. This ensures only clean data is moved across ensuring better analysis, helps with storage and performance of the Data and saves on Database costs.
Targeted Customers
The Company’s Act and SOX Controls require companies to ensure the figures in their accounts are correct & accurate. This process is carried out by a review of transactions posted and completion of monthly account reconciliations. This is a time consuming, tedious process resulting in a overworked finance team, high costs and stressful month ends.
RecEasy automates the tasks of reconciliations and posting transactions into SAP using robotics and machine learning.
Features
Reconciliations Completed Instantly
Ensuring figures in your accounts are correct ensuring compliance
Transactions Posted Efficiently
Finance data pulled from SAP allowing postings to be created and posted back to SAP automatically
Metrics and Reports
Overall summary of your reconciliations and transactions with the click of a button
Manual Transaction Reviews
RecEasy can review this data, validate it is correct and summarize with an audit trail. Find the errors before the books close.
Variance Analysis
Pinpoints the reason for the variance to the accountants.
Online Management Accountant
Ensure costs hit when they expect to hit. Highlights new, missing, what needs clearing or re-accrual in every GL account after comparing each month’s data.
Rec Preparation
GL account analysis and clean-up and validating to the source backup allows RecEasy to complete the rec automatically.
SAP Conversion GL and Subledger Analysis
Agree the new ERP data to the old ERP GLs and Subledgers been converted over.
P2P
Vendor Recs, Vendor Payments matched and cleared to Invoices, Better reports for better supplier analysis. Pull information and Post back to SAP Automatically
I/C Analysis & Posting
Highlights missing and wrong amts and recommends corrective action.
GR IR Clearing and Analysis
S4 Hana can tell which GRs are different than the PO and invoice which leads to blocked invoices. We further analyse to find the exact issue and highlight issues
Data Cleansing and Archiving
SAP clean up. Alot of unnecessary SAP data is now sitting in very expensive high Carbon Rams with big financial and environmental impacts. RecEasy cleans up all this data.
Makes Month End Much Easier
With tasks now automated month end is closed quicker.
Automates Reconciliations
For our customers we were able to produce a standardised rec for every GL account with it 70-100% prepared saving one client 1500 hours each month.
Automates Transactions
by acting as your automated online management accountant
Ensures Compliance
Keeping the auditors happy
Stress Free Finance Team
Keeping staff happy
Saves Time
1000 hours saved for one client in Rec automation every month; 400 hours saved in cost analysis at year end and ensured accounts were correct.
Saves Money
Less staff needed to carry out transactional review and analysis work.
Schedule a Free Consultation Today
RecEasy Connects to Clients SAP Finance System
Picks out Key Finance SAP Data
Proceeds to Analyse and Review this DATA
Automated Financial Close
Schedule a Free Consultation Today
Schedule a Free Consultation Today
Schedule a Free Consultation Today
Schedule a Free Consultation Today
Schedule a Free Consultation Today
Schedule a Free Consultation Today
Schedule a Free Consultation Today
Schedule a Free Consultation Today
Schedule a Free Consultation Today
Schedule a Free Consultation Today
User Authentication
All RecEasy accounts are protected with a strong password enforced.
Encryption
To ensure the confidentiality and integrity of your files, all content is encrypted in transit and at rest with world-class encryption and key management techniques.
Data Infrastructure
Services provided by RecEasy are hosted in SAP Cloud Foundry. Physical access is controlled by professional security staff utilizing surveillance, intrusion detection systems, and other electronic means. RecEasy uses multiple data centers with reliable power sources and backup systems with 99.9% SLAs and redundancy.
Audit Trail
Every Transaction and Reconciliation can be traced at any time and retrieved from HANA database.
