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About
Paycile is an intelligent payment processing and reconciliation platform that simplifies how businesses handle incoming payments, automatically matches those payments to invoices or receivables, and delivers real-time clarity into transaction flows and financial records. It provides secure, bank-level encrypted payment processing combined with fraud protection and continuous analytics dashboards so teams can monitor reconciled and outstanding items without manual spreadsheets. Through its platform and APIs, Paycile integrates payment activity directly back to a company’s general ledger or ERP system to reduce manual accounting work, eliminate errors, improve cash flow visibility, and accelerate the reconciliation cycle with automated matching and reporting. Paycile's automated reconciliation transforms what is usually a reactive, error-prone task into a proactive control that saves time, improves accuracy, and supports faster decision-making by finance teams.
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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.
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Platforms Supported
Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook
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Platforms Supported
Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook
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Audience
Finance and accounting teams at businesses and insurance carriers that need to automate payment processing and reconciliation to improve cash flow accuracy and operational insight
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Audience
Audit solution for companies
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Support
Phone Support
24/7 Live Support
Online
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Support
Phone Support
24/7 Live Support
Online
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API
Offers API
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API
Offers API
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Screenshots and Videos |
Screenshots and Videos |
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Pricing
No information available.
Free Version
Free Trial
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Pricing
No information available.
Free Version
Free Trial
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Reviews/
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Reviews/
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Training
Documentation
Webinars
Live Online
In Person
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Training
Documentation
Webinars
Live Online
In Person
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Company InformationPaycile
Founded: 2024
United States
www.paycile.com
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Company InformationRecWise
Founded: 2017
Australia
www.recwise.com
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Categories |
Categories |
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Audit Features
Alerts / Notifications
Audit Planning
Compliance Management
Dashboard
Exceptions Management
Forms Management
Issue Management
Mobile Access
Multi-Year Planning
Risk Assessment
Workflow Management
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Integrations
No info available.
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Integrations
No info available.
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