Riesco is an universal reconciliation engine which allows the match between different accounting and/or not accounting entities. Born at the beginning for the reconciliation of Bank records with GL’s bank movements, using the same approach, allows the balancing of any accounting and/or not accounting entities.
Riesco fulfills all monitoring requirements, certifies and produces all the documentation requested by the Public Administration and Reviewers.
With Riesco you can reduce the complexity of data load formatting, in batch or manual mode.
•Bank files: a converter allows reading and normalizing of all different international layouts, reporting any anomalies.
•Accounting files: automatically reads all the necessary items based on user defined convertion parameters.
•Other formats: different file formats can be imported, including .txt, .xls, .csv, .pdf and ocr.