Methodos Reconciliation System (MRS) has been designed and developed to improve operations efficiently and provide greater performance results for your business. It helps reconcile your company’s books with Banks and payment methods.

MRS automates the reconciliation process providing you streamlined management and regulatory reporting. The effective monitoring and control reduce errors and saves time due to its automatic methods. Simple and easy, MRS can ensure your company’s smooth operation.

MRS however is more than just a rec tool. Client funds management is more than just reconciling your records. We do understand the need to understand your data, to be able to take actions on them and most importantly to correctly record your data.

Having client and company funds in several banks and PSPs is a risk, and a risk that you need to be able to manage. With MRS you can view exactly where you have your funds not only in one of your companies but in your whole group.

You can put limits on each PSP/Bank by currency so that you are notified when you need to settle funds out to your banks.

MRS creates a monthly accounting journal ready to be imported to your accounting software. This journal will include anything related to client movement including, client profitability, corrections, deposits, withdrawals, and settlements.

In Addition, MRS maintains a Trial Balance of your balances, providing detailed and documented internal accounts balances.

Configure all notifications and alerts so that all relevant stakeholders are duly informed about Reconciliation Process Status, Balances in Banks, and PSPs, together with dynamic reports.

Comprehensive activity logs allow total transparency and helps build trust with auditors and other reviewers.

Customisable Access Levels ensure your company remains secure and all policies are adhered to with fully customisable user access levels. Each employee receives the exact access they need and nothing more.