Onex Recon

​ReconXi is an AI-powered financial reconciliation tool designed to automate the process of matching transactions, eliminating the need for manual effort and reducing errors. Users can upload bank statements and company ledgers in CSV format, and the AI swiftly matches records, providing clear status indicators for matched and unmatched transactions. It caters to a diverse range of users, including startups, small and medium-sized enterprises (SMEs), financial professionals, enterprises, educational institutions, and freelancers, offering tailored solutions to streamline financial operations. By leveraging ReconXi, organizations can ensure accurate financial records, minimize manual work, and focus on core activities without the hassle of traditional reconciliation processes. ​

Although ReconXpert was originally created to reconcile the Federal Reserve accounting information to the financial institution’s general ledger, the application has evolved to eliminate all time-consuming manual reconciliation processes while ensuring that accurate and timely information is available to the financial institution’s management in order to make crucial business decisions on a daily basis. ReconXpert contains two distinct modules that work together to create an advanced reconciliation tool that has unparalleled soft-coded matching rules for rapid set-up and reconciling. The Operations Module is a Web-based application that allows your organization to perform multiple reconciliations based on the business rules defined in the Administration Module. The results are displayed and the users have the ability to review automatic matches, create manual matches and manual journal entries, track open items and investigate items.