ERFcheck 2026: Benefits, Features & Pricing

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On this page

Overview
Pricing and Plans
Features
User Reviews

Overview

ERFcheck

3.0

(1)

Pricing

Starting at €50,000.00 per year

About ERFcheck

ERFcheck is a bank reconciliation software that reconciles large volumes of information from balance sheets and transactions.

The software offers an automated bank reconciliation process meaning that the management and finance control departments of banks can access a single front-end with a consolidated and unified view of all transactions.

These tools allow banks to effectively carry out automated reconciliations, manually resolve any reconciliations not automatically resolved and access a history of information already processed.

The platform helps users detect errors in real time, reducing associated management cost and resolution time.

ERFcheck Screenshots

ERFcheck Pricing and Plans

Starting price: €50,000.00 per year

Free Trial

Free Version

Basic

€50,000.00

per feature, per year

No plan information available

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ERFcheck Features

Popular features found in Risk Management
Alerts/Notifications
Audit Management
Compliance Management
Corrective and Preventive Actions (CAPA)
Document Management
Incident Management
Internal Controls Management
Mobile Access
Response Management
Risk Analysis
Risk Scoring
Scenario Planning
More features of ERFcheck
ACH Payment Processing
Activity Dashboard
Activity Tracking
API
Approval Process Control
Audit Trail
Business Process Control
Controls Audit
Customizable Reports
Dashboard
Data Visualization
Financial Risk Reporting
Legal Risk Management
Operational Risk Management
Portfolio Analysis
Real-Time Monitoring
Real-Time Reporting
Reporting/Analytics
Reporting & Statistics
Risk Assessment
Risk Reporting
Task Management
Third-Party Integrations
Vendor Management
Version Control
Workflow Management

ERFcheck User Reviews

Overall Rating

3.0

Ratings Breakdown

100%

Secondary Ratings

Ease of Use

4.0

Value for money

3.0

Customer support

5.0

Functionality

4.0

Have you used ERFcheck and would like to share your experience with others?

Angel M.

Verified reviewer

Banking

10000+ employees

Used daily for less than 2 years

Reviewed November 2021

Useful reconciliation tool

I have used ERF-Check to make IRS reconciliations and my overall experience with it is positive. The platform provides users and the principal clients safety during the reconciliation process it helps with the automatization process that enable better time harness, and help eliminating manual risks. It is also easy to use and have a good interface.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

The product is easy to use, it has got a friendly interface. The possibility to create logic rules is the best of the product since like this you are saving so much time with the reconciliation process during the intermediate duration of the trades with no discrepancies.

Cons:

When you need to seek for past information and you need to investigate you cant get to the final point by just clicking . You have to open ERF-Check in several additional tabs in order to copy and paste the different IDs that you use to identify past trades.

Reasons for switching to ERFcheck

There were some root problems very expensive to be fixed. It was Old-fashioned and not very intuitive.

Showing 1 - 1 of 1 Reviews