Automate Payables and Receivables Reconciliation
Fund Recs streamlines the reconciliation of payables and receivables across administrators, custodians, and internal systems. The platform automatically identifies mismatches in amounts, timing, and counterparty data — ensuring accurate, real-time visibility of all outstanding balances.
For the Analysts
Automated matching across multiple data sources
Reconcile payables and receivables between fund accounting records, custody data, and counterparty files — all in one place.
Flexible matching logic
Set tolerances for amount, currency, trade date, or counterparty to focus on material breaks.
Support for all asset and fund types
Handle complex fund structures and multi-currency portfolios with ease.
For Stakeholders & Oversight
Clear exception dashboards
Monitor outstanding payables and receivables in real time, filter by fund or counterparty, and track progress through resolution.
Audit-ready transparency
Generate reports automatically for oversight, client, and regulatory review with full traceability.
How It Works
Data ingestion and standardisation
Fund Recs ingests files from any source — CSV, XML, SWIFT, or API — and converts them into a consistent, comparable format.
Automated reconciliation engine
Matches invoices, accruals, and payments across sources using customisable rules. Discrepancies are flagged instantly.
Exception management
Comment and resolve breaks within the same workflow. Every action is logged for a complete audit trail.
Scalable and efficient
Process large transaction volumes quickly, reducing manual effort and improving accuracy across all funds.
Why Payables and Receivables Reconciliation Matters
Accurate payables and receivables reconciliation is essential for maintaining clean balance sheets, reliable NAVs, and transparent fund reporting. Manual checks can easily miss timing or valuation differences, leading to reporting delays and increased risk. Fund Recs automates this process, delivering speed, precision, and full visibility — so teams can trust their numbers and focus on higher-value oversight.
