RecEasy

Automates Month End Finance Processes

Taking the stress, time and expense out of financial close

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Automate finance tasks around month end
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Automated rec report
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Variance analysis
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Automated transaction reviews instantly catching errors before books close
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Cleaning up, clearing and matching within GL accounts
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Audit checks
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Automated journals
online-coach

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.

ICON22

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.

analysis

Vendor statement and cost analysis

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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.

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.

RecEasy helps the finance teams in large companies to automatically show that every figure in their accounts is correct – automating the time-consuming compliance task related to account reconciliations, reviewing transactions and audit checks. 

It automatically gathers and analyses finance data from SAP and other sources and reviews its related backup transactions like PDFs, Reports, Screenshots, Excel Docs, Emails & Calculations using unique Text Analysis & Machine Learning Techniques. In doing so the solution forms an automated reviewed reconciliation report and audit checks, enabling the company save time and costs, and allowing the financial controller and finance team to focus on other value added tasks.

  • 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.

  • Clearing documents and matching to associated invoices/fee and Open Item matching GL accounts.

    Banking and Receipt Analysis Automated Journals

  • 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.

  • P2P

    Vendor Recs, Vendor Payments matched and cleared to Invoices, Better reports for better supplier analysis.

    Pull information and Post back to SAP Automatically

  • Creation of Workflows

    Idoc Management and Tracker

  • Data Cleansing and Archiving

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

Makes Month End Much Easier

Automates Reconciliations

Automates Transactions

Ensures Compliance

Stress Free Finance Team

Saves
Time

Saves
Money

Schedule a Free Consultation Today

  • Meet our Team

  • Find out how we can help you automate your financial close process

RecEasy Connects to Clients SAP Finance System

  • Our SAP Experts connect to your SAP System

Picks out Key Finance SAP Data

  • Transaction data for postings

  • GL Account Breakdown

  • Backup Data

  • Remote Data

Proceeds to Analyse and Review this DATA

  • Using Robotics and Machine Learning Capabilities

  • Reviews data

  • Produces Reconciliations

  • Creates Transactions

Automated Financial Close

  • Automated Recs, Transactions and Metrics

  • Stress Free Financial Close

  • Huge Time and Costs Saved

  • Ensures Compliance

Schedule a Free Consultation Today

  • Meet our Team

  • Find out how we can help you automate your financial close process

Schedule a Free Consultation Today

  • Our SAP Experts connect to your SAP System

Schedule a Free Consultation Today

  • Transaction data for postings

  • GL Account Breakdown

  • Backup Data

  • Remote Data

Schedule a Free Consultation Today

  • Using Robotics and Machine Learning Capabilities

  • Reviews data

  • Produces Reconciliations

  • Creates Transactions

Schedule a Free Consultation Today

  • Automated Recs, Transactions and Metrics

  • Stress Free Financial Close

  • Huge Time and Costs Saved

  • Ensures Compliance

Schedule a Free Consultation Today

  • Meet our Team

  • Find out how we can help you automate your financial close process

Schedule a Free Consultation Today

  • Our SAP Experts connect to your SAP System

Schedule a Free Consultation Today

  • Transaction data for postings

  • GL Account Breakdown

  • Backup Data

  • Remote Data

Schedule a Free Consultation Today

  • Using Robotics and Machine Learning Capabilities

  • Reviews data

  • Produces Reconciliations

  • Creates Transactions

Schedule a Free Consultation Today

  • Automated Recs, Transactions and Metrics

  • Stress Free Financial Close

  • Huge Time and Costs Saved

  • Ensures Compliance

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.

Do you have any questions? We’re happy to help!