Automate your reconciliation effort and reduce cost
Automate high-volume financial reconciliation tasks and save time and costs with a secure multi-cloud solution available on any hyperscaler or SAP Business Technology Platform. The solution integrates with SAP ECC, SAP S/4HANA, and SAP S/4HANA for financial products subledger, and uses SAP Analytics Cloud for reporting
Overview
Automate high-volume reconciliation and save time and costs
Automated reconciliation streamlines validation, reduces errors, accelerates closing, enhances compliance, improves decisions, saves time, and cuts costs. Our solution uses optimized back-end code to handle large volumes of data and support multi-dimensional reconciliation.
Augment SAP solution for Central Finance and source system reconciliation
Reduce errors by automating reconciliation with real-time data validation, custom mapping, and automated exception handling. Our solution augments the SAP reports of GL balance, GL line, and number of documents by providing a flexible model and options for other dimensions, including profit centre and cost centre.
Take advantage of secure and flexible deployment model
Secure financial reconciliation by leveraging encrypted data processing, role-based access, and audit trails. Ensuring data integrity and compliance with industry standards helps safeguard business-critical financial data. Our solution can be deployed in a client's hyperscaler environment or on SAP BTP.
Details
Solution type
Extensions and Add-ons
Industry
Cross-Industry, Oil, Gas, and Energy, Industrial Manufacturing, Banking, Public Sector
Compatibility
Works with
SAP Analytics Cloud for business intelligence
Features
Cloud native solution to enable auto scaling
Leverage a cloud-ready reconciliation solution for secure, scalable processing. By automating validation and custom mapping, you can enhance efficiency and reduce costs. This ensures seamless integration, agility, and faster decision-making.
Flexible rules to help clients manage mappings
Custom mapping and flexible rules enable businesses to automate data alignment across systems, reducing errors and manual effort. You can upload Excel/CSV files to map key aspects such as cost centre, GL account, and other dimensions.
Multi-User Support and log team usage
Solution support enables teams to collaborate with secure, role-based access. It streamlines workflows, reduces bottlenecks, and accelerates financial closing. This enhances productivity, ensures data integrity, and improves decision-making. The solution enables clients to expand use cases.
Plans and pricing
Standard edition
RECON-A deployed on client hyperscaler / SAP BTP environment
Price unavailable in this regionRECON-A deployed on client hyperscaler / SAP BTP environment
Enterprise edition
RECON-A deployed on client hyperscaler / SAP BTP environment with custom reconciliation model
Price upon requestRECON-A deployed on client hyperscaler / SAP BTP environment with custom reconciliation model
Technical Information
| Solution type | Extensions and Add-ons |
| Category | Accounting and Financial Close |
| Industry | Cross-Industry, Oil, Gas, and Energy, Industrial Manufacturing, Banking, Public Sector |
| Works with |
SAP Analytics Cloud for business intelligence |
The following information is provided by the publisher and applies to the latest app version available on the SAP Store. SAP does not control these policies and procedures; the publisher is solely responsible for the accuracy of the provided information.
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| Globalization |
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| Operations |
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The following information is provided by the publisher and applies to the latest app version available on the SAP Store. SAP does not control these policies and procedures; the publisher is solely responsible for the accuracy of the provided information.
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| Compliance |
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| Privacy policy |
SAP's privacy policy is not applicable to the use of this app. Please refer to the privacy policy provided by this app's partner. |
Resources
RECON-A Overview
Key insight with SAP S/4HANA central finance reconciliation
White Paper: Enable Fidelity in Banks Operations
Publisher
Astron R2R consulting limited
Aricord is a trusted SAP consulting and technology solutions provider specializing in financial transformation, cloud integration, and enterprise-wide digitalization. With partnership with SAP , Fioneer and AWS, we use latest solution to serve our clients need.
