CLIREC is a fully systems-based Accounts Reconciliation solution encompassing nostro, vostro, suspense, inter-branch or inter-company accounts.

All processes involved in a reconciliation exercise starting from data collection and gathering to final reports and analyses are completely catered for in CLIREC. This system fully interfaces with any existing accounting/banking applications and can extract statements of accounts from any bank into itself.

CLIREC reduces both time and effort required to do any reconciliation exercise by ensuring complete integrity of data. Furthermore, the financial cost confirmation module recalculates both debit and credit interests as well as other financial cost e.g. COT in just seconds. No need for calculators, no need for consultants.
 

• FOREIGN ACCOUNTS RECONCILIATION
   
• LOCAL ACCOUNTS RECONCILIATION
   
• SELF-RECONCILABLE ACCOUNTS RECONCILIATION
   
• SUSPENSE ACCOUNTS RECONCILIATION
   
• INTER-BRANCH ACCOUNTS RECONCILIATION
   
• INTER-COMPANY ACCOUNT RECONCILIATION
   
• AUTHENTICATION OF FINANCIAL COST (CHARGES)
   

• DYNAMIC SECURITY
   
• STATEMENT/EXTERNAL RECORDS CAPTURE
   
• AUTOMATIC KNOCK-OFF OF ITEMS
   
• PROBABLE MATCHES IDENTIFICATION
   
• MACHINE-ASSISTED MATCHING
   
• REVERSAL OF ENTRIES MATCHING
   
• QUERY FACILITY OF BOTH MATCHED AND UNMATCHED ITEMS
   
• SELECT WORKING WITH MATCHED OR UN-MATCHED ITEMS
   
• DIVERSITY OF REPORTING
   
• FLEXIBILITY
   
• AVAILABILITY OF PREVIOUS PERIODS RECONCILIATION RESULTS AND PROCESSES
   
• GRAPHICAL USER INTERFACE
   
• RUNS ON WINDOWS 95, 98 OR WINDOWS NT, 2000, ME
   
• FULL ON-LINE HELP FACILITY
   
• USER-FRIENDLY, USER-ORIENTED
   
• FULL AUDIT TRAIL