ACCOUNT RECONCILIATION SOFTWARE

Collaborative account reconciliation for smarter, faster close

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Why choose Prophix One^™ for your account reconciliation?

Get real-time visibility

Track reconciliation progress by account, period, entity, and close type—with full visibility into automated transaction matches, unmatched items, and outstanding tasks. Ensure accountability from start to finish.

Optimize workflows

Avoid bottlenecks with AI-powered transaction matching through Prophix One Intelligence, enabling a faster and smarter close.

Enhance audit preparedness

Decrease your audit time and costs by keeping all account reconciliation detail and adjustment documentation in one place.

Speed up your close process

Close accurately, and with less effort, with AI-powered transaction matching, built-in checklists, and close performance analysis.

Next-Gen Finance with Prophix One^™

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Standardize, automate, and streamline your reconciliations

Prophix One Account Reconciliation simplifies and standardizes your entire reconciliation process – from preparation to review to sign-off. Replace manual spreadsheets with a centralized, automated system that improves accuracy, ensures compliance, and gives your team full visibility into every step of your close. With built-in templates, audit-ready controls, and collaborative workflows, you can reduce risk, save time, and close with confidence.

Close faster with AI-powered transaction matching

Prophix One Account Reconciliation automates transaction matching with artificial intelligence to reduce manual work and improve accuracy. Quickly match high volumes of transactions using AI, so your team can focus on resolving exceptions - not tracking down data. Built-in workflows keep everyone aligned with real-time updates, clear task ownership, and full visibility into progress.

Roll forward Reconciliation Schedule for ARCorp-Canada

Set it once, reconcile automatically

With Prophix One, you can build automated reconciliation schedules that run each month, quarter, or period with no manual rework required. Each schedule runs reliably and consistently, reducing errors and keeping your team focused on higher-value work. Standardized processes, audit trails, and clear scheduling logic ensure accuracy, accountability, and a smoother close from period to period.

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Driving reporting accuracy and data confidence

Kajima Building & Design Group

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A screenshot of the "To Do" section within Account Reconciliation in Prophix One

Enhance financial governance

Prophix One Account Reconciliation software improves financial governance and stakeholder confidence with role-based security, period lockdown and system-wide audit trail capabilities. Substitute unreliable spreadsheets with structured reconciliation templates and AI-powered transaction matching to improve data quality, reduce errors, and accelerate your close. Now you can close accurately, with less effort, and let your teams work on high-value tasks leading to a productive team.

Make global closes easier with simplified Multi-Currency Conversion

Prophix One makes it easy to convert and reconcile balances in both local and functional currencies. By applying consistent, period-specific exchange rates across global accounts, finance teams can reduce the risk, effort, and delays of manual multi-currency conversions - helping you close your books faster and more accurately.

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Finance as we know it is changing

What does the next generation budgeting and planning software look like for the Office of the CFO? Learn how to research, evaluate, and purchase budgeting and planning software. Check out the Ultimate Guide to Next-Gen Finance.

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Prophix One Account Reconciliation has been a game changer for our team. With the ability to report to management faster, eliminate the confusion of manual spreadsheets, and improve accuracy across the board, we have been able to save up to 2 days per month on our close process. It’s helped us work more efficiently, respond to changes faster, and close with greater confidence.

Charity Simmons

Assistant Controller, Kajima Building & Design Group

Prophix One has significantly improved the way we manage account reconciliations. We’ve already saved 8–10 hours per month by eliminating manual spreadsheets and recurring data entry. The direct GL integration has reduced errors, and having all tasks in one place helps keep the team accountable and on track. Visibility into close processes has improved, reducing the need for emails and follow-ups. It’s simple, centralized, and has made my job as a manager much easier.

Ben Whitford

Accounting Manager, Reliant Credit Union

Before using Prophix One Account Reconciliation, our process was completely manual—Excel files, copy-pasting data, and tracking down supporting documents across different locations. Now, everything is centralized, saving our team up to 25% of their time on reconciliations. Our finance manager has reduced her review time by as much as 30%, allowing for faster approvals with more confidence in our data. Prophix One Account Reconciliation has really transformed how our finance team works!

Pauline Neamtu

Numeris

Prophix One Account Reconciliation has completely transformed our process and saved us over 36 hours each month. What used to be a frustrating, manual Excel workflow is now fast, centralized, and seamless. Our team was able to pick it up within a day and can jump in as soon as their part of month-end is done, significantly improving our close timing. The system is intuitive, the team is more proactive, and the close package has made audits a breeze. I’ve become a real champion for it internally – no one wants to go back!

Nicholas Seddon

Finance Analyst, Caribe Royale Orlando, Sierra Land Group, Inc.

Made for finance leaders

Discover Prophix One and unlock your potential for success.

Increase data accuracy and reporting efficiency, affording you more time for valuable analysis.

Financial Analytics

Streamline close windows by eliminating manual processes and automating recurring ones.

Financial Consolidation

Accelerate financial processes and improve collaboration.

Platform: Workflow

Utilize AI to gain a deeper understanding of your business.

Platform: AI Insights

Boost Excel’s financial modeling and planning capabilities and create insightful PowerPoint presentations.

MS365 Add-In

Gain visibility across your business with integrated cross-functional business planning.

Integrated Business Planning Software

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Frequently asked questions

Yes, Prophix One can seamlessly integrate with a wide range of ERP systems and accounting platforms, including Microsoft Dynamics, SAP, Oracle, and more, to streamline data import and reconciliation.

Prophix One uses intelligent algorithms to automatically match transactions based on specific criteria, significantly reducing manual effort and errors.

Account reconciliation software automates the process of matching transactions across financial accounts, ensuring accuracy by identifying discrepancies and streamlining adjustments. It offers features like automated matching, customizable workflows, real-time reporting, and integration with ERP systems, enhancing efficiency and reducing the risk of errors in financial close processes.

Prophix One Account Reconciliation software elevates the close process with a comprehensive overview of all financial close activities. Users can identify and scrutinize bottlenecks related to tasks and users, and compare close performance period over period, allowing for proactive process optimization. It also enables effective resource management and facilitates easy reallocation of over or under-optimized resources, ensuring a smoother and more efficient close process.

Prophix One Account Reconciliation automates the financial close by centralizing reconciliations, improving process visibility across the entire finance team, and generating instant audit reports. It enhances governance, boosts stakeholder confidence, and ensures an efficient close.

Account reconciliation software is designed to automate and streamline the process of comparing financial records to ensure they are accurate and consistent. It helps organizations match internal records, such as general ledger accounts, with external sources like bank statements, credit card statements, or other financial records. Account reconciliation software simplifies the traditionally manual process of reconciling accounts, reducing the risk of errors and speeding up the financial close process.

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ACCOUNT RECONCILIATION SOFTWARE

Collaborative account reconciliation for smarter, faster close