AutoRec is a bank reconciliation software for accountancy practitioners and bookkeepers. The software can also be used for general data extraction.
AutoRec automates the process of performing bank reconciliation & statement analysis from paper bank and credit card statements and quickens the preparation of accounts for incomplete records clients. AutoRec can replace labour intensive processing and data-entry tasks for accountants and bookkeepers.
AutoRec builds upon Optical Character Recognition (OCR) technology and intelligent data cleansing to significantly reduce work time. AutoRec is used internationally by nearly 1,000 accountancy firms in the UK, Ireland, New Zealand, Australia and South Africa. OCREX also provides OCR software and integration solutions for different document types to provide significant time and labour cost savings for customers.
AutoRec is a bank reconciliation software for accountancy practitioners and bookkeepers. The software can also be used for general data extraction.
AutoRec automates the process of performing bank reconciliation & statement analysis from paper bank and credit card statements and quickens the preparation of accounts for incomplete records clients. AutoRec can replace labour intensive processing and data-entry tasks for accountants and bookkeepers.
AutoRec builds upon Optical Character Recognition (OCR) technology and intelligent data cleansing to significantly reduce work time. AutoRec is used internationally by nearly 1,000 accountancy firms in the UK, Ireland, New Zealand, Australia and South Africa. OCREX also provides OCR software and integration solutions for different document types to provide significant time and labour cost savings for customers.
Product Details
Features
Revenue audit preparation
Bank reconciliation
Customer accounts
Dashboard
Data collection
Extract data from paper or PDF statements
Receipts analysis
Account reconciliation
Export data to other software packages
Benefits
AutoRec automates the extraction of data from scanned images and PDF files of bank and credit card statements.
Accountants are able to scan clients' bank statements on a standard scanner, straight into a bank reconciliation spreadsheet.
AutoRec then verifies the accuracy of all scanned data, reading each scanned page image to identify what type of bank statement it is.
AutoRec extracts highly accurate data from scanned images of clients' paper bank documents or PDFs.
AutoRec can recognise and distinguish between dates, numbers, multi-line descriptions and cheque numbers accurately. The software recognises each cheque number presented on bank statements and even identifies and presents any missing cheque numbers.
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