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What is reconciliation software?

Reconciliation software automates the account reconciliation process to create accurate, high-quality financial statements. It gives accountants a streamlined way to verify that their balance sheets are correct, appropriate, and compliant. The software receives information from banking institutions and compares it against internal records. Discrepancies are flagged for accountants to review and reconcile. This saves time and improves the accuracy of balance sheets, income statements, and related documents.
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Recommendations: Sorts listings by the number of recommendations our advisors have made over the past 30 days. Our advisors assess buyers’ needs for free and only recommend products that meet buyers’ needs. Vendors pay Software Advice for these referrals.
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Showing 1 - 20 of 63 products
Showing 1 - 20 of 63 products

Sage Intacct

Sage Intacct is a provider of cloud-based financial management and accounting software. Sage Intacct's software solution is suitable for small to midsize accounting firms and can provide financial reporting and operational insight...Read more

No reviews yet

25 recommendations

Multiview ERP

Multiview Financials is the flagship ERP system developed, sold, implemented, and supported by Multiview Financial Software. Multiview is designed for organizations ranging in size from rapidly growing small businesses to large en...Read more

No reviews yet

19 recommendations

Striven

Striven is a cloud-based enterprise resource planning (ERP) solution suitable for many industries and organizations of all sizes. It offers features for accounting, inventory management, human resources, customer relationship mana...Read more

4.81 (59 reviews)

15 recommendations

Blackbaud Financial Edge NXT

Blackbaud’s cloud fund accounting software Blackbaud Financial Edge NXT®️ provides transparency across teams, security, and compliance, and reduces the need for manual processes. The fund accounting software provides a general led...Read more

No reviews yet

12 recommendations

DataRails

DataRails is a financial planning and analysis platform that automates financial reporting and planning, while enabling finance teams to continue benefiting from the familiar spreadsheets and financial models of Excel. Automatin...Read more

No reviews yet

11 recommendations

Divvy

Divvy is a free cloud-based accounting and expense management solution for businesses. Key features include managing payments and subscriptions, building strategic budgets, automated expense reports and virtual cards. Divvy t...Read more

4.70 (243 reviews)

8 recommendations

AccuFund Accounting Suite

AccuFund is 100% focused on serving nonprofits and government entities. The complete fund accounting financial management solution, available online or onsite, consists of a strong core system and modules that allow you to expand ...Read more

No reviews yet

8 recommendations

Workday Adaptive Planning

Workday Adaptive Planning, founded in 2003, provides a web-based system for budgeting, forecasting and reporting. The solution is suitable for a wide variety of company sizes. Delivered over the Web in a software-as-a-service (Saa...Read more

No reviews yet

6 recommendations

PayIt

PayIt is a software as a service (SaaS) provider of digital government services and payments. Through cloud-based technology, PayIt’s platform simplifies doing business with government agencies of any size by consolidating hundred...Read more

4.88 (8 reviews)

3 recommendations

OneStream

OneStream XF is a market-leading CPM 2.0 solution that unifies and simplifies financial consolidation, planning, reporting, analytics and financial data quality. Modernize financial processes, replace multiple legacy applications,...Read more

No reviews yet

3 recommendations

Software pricing tips

Subscription models

  • Per employee/per month: This model allows you to pay a monthly fee for each of your employees.
  • Per user/per month: Users pay a monthly fee for users—normally administrative users—rather than all employees.

Perpetual license

  • This involves paying an upfront sum for the license to own the software and use it indefinitely.
  • This is the more traditional model and is most common with on-premise applications and with larger businesses.

Rated best value for money

Petrofly

Petrofly is a modern, flexible, and advanced software company that primarily focuses on the Oil and Gas industry. Petrofly offers, but is not limited to, production management, accounting, interest partner management, analytics, o...Read more

No reviews yet

3 recommendations

Bizview

Anual budget and forecast processes involve exporting data into multiple Excel spreadsheets sent back and forth between contributors and approvers. It’s easy to lose control of these time-consuming, frustrating, and error-prone pr...Read more

No reviews yet

1 recommendations

Sage 300 Construction and Real Estate

Sage 300 Construction and Real Estate, formerly Sage Timberline Office, provides contractors, developers, and property managers with the most complete solution for managing the entire project or property lifecycle with confidence,...Read more

Odoo

Odoo Point of Sale (POS) is part of Odoo’s integrated suite of business applications. The module is available both on and offline and provides unified data across stores and has an integrated inventory management function. Od...Read more

Sage 100 Contractor

Sage 100 Contractor, formerly known as Sage Master Builder, focuses on the needs of small to mid-sized construction companies, including general contractors, service or specialty contractors, and home builders. A great fit for co...Read more

Lightyear

Lightyear is a cloud-based accounts payable solution designed to help businesses automate data entry by extracting details from invoices, credit notes, bank statements and receipts, streamline approvals through customizable workfl...Read more

ERA-IGNITE

ERA-IGNITE is a dealership management system (DMS) that helps automotive dealers handle parts’ maintenance, inventory tracking, accounting and sales operations. The application enables employees to capture and securely store custo...Read more

4.47 (32 reviews)

Eagle Business Management Software (EBMS)

Eagle Business Management Software (EBMS) is afully integrated ERP solution that helps businesses streamline processes related to sales, financial management, inventory tracking, payment processing and more on a centralized platfo...Read more

4.60 (5 reviews)

Sage 100cloud

Sage 100cloud is a market-leading cloud-connected ERP platform for medium-sized manufacturers, distributors, and professional service businesses. Financials, budgeting and planning, inventory, supply chain, production management, ...Read more

No reviews yet

MIP Fund Accounting

Purpose-built to meet the needs of the modern nonprofit and government agency, MIP Fund Accounting® empowers organizations to track by fund, manage restrictions based on unlimited funding sources, and meet complex reporting requir...Read more

No reviews yet