Reconciliation Engine
by Simetrik · ERP and finance · Australia
Matches billions of transactions at record level in real time across counterparties with 100% coverage, automatically interpreting data structures and applying business rules.
What Reconciliation Engine does
- Real-time transaction matching across multiple counterparties
- Automatic data interpretation and format detection
- Business rule application without manual intervention
- 100% reconciliation coverage
- Processes 2.5B+ records daily
- Handles any source and format
What Reconciliation Engine is used for
- Cash reconciliation
- Claims and chargebacks processing
- Fees and billing reconciliation
- Multi-platform transaction matching
- Settlement verification
Who Reconciliation Engine is for
- Banks
- Neobanks
- PSPs
- Marketplaces
- Acquirers
About Simetrik
AI-native financial control platform automating reconciliation and accounting operations across payment ecosystems.
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