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About

From journals to closing, Aico delivers intelligent automation for finance. Aico modules provide you with a wealth of possibilities to automate your routines. Account reconciliation, closing, and journaling as well as clearing, retrieving, and updating live data from your ERP system, are all standard features of Aico. Aico offers you flexible and adaptable workflows. You can control and monitor the workflow of your documents in real-time using Aico dashboards. Dashboards contain efficient and easy-to-use filters and search options for finding and monitoring your documents. All this means flexible connectivity, comprehensive features, and open APIs for third parties. Aico can be extended with solutions like RPA, OCR services, reporting solutions, and process mining tools. We also support modern database features, such as virtualization, in-memory options out-of-the-box, and easy platform management. Aico’s front-end side is a modern HTML5-based solution that works in most browsers.

About

A reconciliation should begin with comparing the General Ledger closing balance to the sub-ledger or other relevant sources (such as bank statements or other third-party documents). Differences between the two need to be investigated, quantified, and where possible, resolved by posting correcting journals to the general ledger or sub-ledger as required. Anomalies should be recorded as reconciling items to provide visibility. The balances should match and be fully supported with all documentation attached to the reconciliation. The review process ensures the reconciliation is complete, and you can also add a layer to approve the reconciliation being complete. A framework and a standardised process go a long way to improve the reconciliation process each month-end.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Companies seeking a solution to automate their financial processes and update live data from their ERP systems

Audience

Audit solution for companies

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version
Free Trial

Pricing

No information available.
Free Version
Free Trial

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

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Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

Aico
Finland
www.aico.ai/product/

Company Information

RecWise
Founded: 2017
Australia
www.recwise.com

Alternatives

Alternatives

ReconXpert

ReconXpert

Sydel Corporation
Iridium BI

Iridium BI

Iridium Technology

Categories

Categories

Audit Features

Alerts / Notifications
Audit Planning
Compliance Management
Dashboard
Exceptions Management
Forms Management
Issue Management
Mobile Access
Multi-Year Planning
Risk Assessment
Workflow Management

Integrations

Microsoft 365
SAP HANA
SAP HANA Cloud
SAP Store

Integrations

Microsoft 365
SAP HANA
SAP HANA Cloud
SAP Store
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