Manage all your financial flows with XREC reconciliation software
Integrate, reconcile and justify your most complex data with XREC Reconciliation
A new generation platform for your financial team
Whether you are a bank, a retailer, an e-retailer, an asset manager or any other economic player, the process of reconciling transactions can be an arduous and time-consuming task.
Using a reconciliation platform has become essential to :
- Automate reconciliation processes
- Improve accuracy
- Increase visibility
- Strengthen compliance.
- Reduce costs
We standardise and automate all financial data reconciliation processes. Data collection, enrichment, matching, detection and classification of discrepancies, allocation of resolution workflows, justification and archiving.
Quickly and easily match and reconcile your financial data with our Reconciliation software
A flexible, high-performance foundation
The Xrec reconciliation solution benefits from proven software technology combining simplicity, ergonomics and performance.
Xrec has been designed for total flexibility of configuration and parameterization (data input and output formats, matching rules, processing orchestrator, automatic gap management, dashboard, consultation screen, etc.) to meet all types of reconciliation requirements.
Automatic exception handling
Rapidly reconciling data is all well and good, but automatically identifying and classifying discrepancies is even better. Xrec’s exception management module automatically identifies and classifies discrepancies by type, according to your criteria. You won’t waste any more time, and you’ll be able to concentrate on the essentials.
Millions of data transactions effortlessly
XREC peut gérer sans complexe des volumétries de plusieurs centaines de millions de transactions par jour sans perte de performance. Vous n’êtes plus obligé d’agréger vos données pour vos rapprochements. Cela vous permet de garder un niveau de détail important pur vos contrôles et analyses.
Automatic discrepancy analysis and management
Reconciling data quickly is great; identifying and classifying discrepancies automatically is even better! XREC’s exception management module identifies and classifies discrepancies by type based on your criteria, eliminating the time spent interpreting them.
Verify, validate, collaborate
As a 100% web-based platform, XREC enhances collaboration across teams and departments. Data accessibility is no longer siloed, improving communication significantly. Differentiated connection profiles allow you to control, assign roles, align with your validation processes, and facilitate collaboration with external stakeholders.
Analyze, create reports & export
With XREC, report generation is automated. Based on your predefined reconciliation cubes and accounts, you receive customizable reports automatically. Track activities,outstanding transactions, discrepancy types, team performance, matching rates, and more. Regulatory reporting is also simplified with customizable reports, full traceability,and a complete history of operations by reconciliation account. You can easily export reports and data, giving you reliable insights for decision-making.
How XREC automate your data reconciliation in 6 steps
Ready-to-use
- Easy to use: intuitive solution,designed by experts for experts
- Comprehensive and modular suite: Tailored to your needs
You are not alone
- Expert support: from project creation to go-live
- Dedicated assistance: a support team always at your service
- Proximity consulting: For all your projects
- Team training: customized sessions for your staff
Scale & Upgrade
- Resilient model: Replicable IT processes that accelerate deployment capacity
- Scalable solution: Consistently high performance, no matter the data volume
- Adaptability: Flexible enough to scale with your growth, team, and business
Let’s talk numbers
XREC is cost-effective:
Clients typically see ROI within 6 months on average
Reduce financial losses:
XREC’s accuracy and speed minimize risks of human error, non-compliance (and associated penalties), and save your finance teams over 5,000 hours annually.
Volume is no issue:
With millions of transactions reconciled every year, XREC is robust, powerful, andscalable enough to handle fluctuations in volume while maintaining peak performance.
Accuracy isn’t either!
XREC users report an average matching rate of 98%.
Wherever you are, XREC delivers:
Deployed in 144 countries, its multi-currency modules, exchange rate updates, and resilient replicable models support your international growth.
Your data is in good hands!
XREC is secured with data hosted in Europe and adheres to top-level : two-factor authentication, encryption, and sensitive data anonymization, fully compliant with GDPR standards.
Archive, export—it's up to you!
With substantial storage capacity, you can archive data and reports to ensure better traceability over time and conduct more in-depth analyses of process efficiency.
Everything is compliant!
Regulatory reporting is simplified with real-time reconciliation data updates, whether in batches or ongoing. These features ensure you’re always audit-ready with a real-time overview.
Hear it from our clients
“CALIXYS provides GENERALI France with its advice and all its expertise on the issues of reconciling financial and accounting data. We have been able to set up the automation of a very large number of data reconciliations.“
Christophe PRIVAT
Manager Commissionnemet, GENERALI
“The power and adaptability of the XREC solution, given the diversity of matching rules we need, makes this tool a central element in monitoring our daily operations.”
Alexis Michard
Head of finance and accounting, Orange Bank
“XREC’s flexibility, rapid implementation of functional needs, and active listening by CALIXYS teams make XREC an essential tool for ensuring optimal control and monitoring of MANGOPAY’s transactional flows, but also supporting the significant growth of the company and the flows under management.“
Finance team
MANGOPAY
