Cointab provides Reconciliation software to businesses to help them automate all of their reconciliation processes. Its a general purpose reconciliation system which can reconcile ANY data or incorporate ANY reconciliation process.
We help businesses automate data load from multiple systems, clean, transform & de-duplicate data, map and match data, run business rules and prepare Reconciliation results so that the Finance and Operations teams can directly work on the output and take required actions.
The system helps businesses run daily reconciliation without manual intervention, thereby helping with accurate revenue recognition, identify pending payments and overcharging by partners, knock-off invoices in accounting software, etc.
Our system has helped businesses reconcile more than 1.2 billion transactions worth over $25 billion!
Some of the reconciliation processes we have helped clients automate using our software:
- Website reconciliation with front-end, order management system, ERP, payment gateways, cash-on-delivery partners, bank statement
- Courier/shipping partner invoice reconciliation basis SKU weight/volume, warehouse-customer distance
- eCommerce marketplace reconciliation for Amazon, Flipkart, Myntra, Nykaa, SnapDeal, etc.
- Food aggregator reconciliation between POS and Swiggy, Zomato, etc.
- In-store reconciliation between POS and EDC & QR code providers, cash management systems
- Disbursement and deposit reconciliation between internal reports, payment & payout gateways, bank statement
- Bank vs ERP reconciliation (SAP, Microsoft Dynamics, Oracle, Tally, etc.)
- Prepare financial reports, MIS, annexures, data mart, etc.
We work with many companies including Boat, Ixigo, Tata 1MG, Gameskraft, JioSaavn, Cars24, mCaffeine, Keventers, Wow Momo, etc.
To know more, please visit our website www.cointab.in or drop us a line on hello@cointab.in.
