Value proposition

RecEasy automates month end in SAP meaning no more jnl reviews, recs, clearing jnls, variance analysis & audit checks.

RecEasy is helping companies to move forward with future finance and to help them automate them tedious month end finance processes.

Manual processes are still the biggest bottleneck in financial close and accounting operations. When teams are buried in spreadsheets and tightly bound to manually intensive reporting processes, there is little time for value-added activities like forecasting, data analytics, and business advice. 80% of available time is spent on reporting and compliance activities and transaction processing, with the remaining 20% of time prioritised on value add activity. With future finance thinking the balance will shift to only 20% of time spent collecting the data and 80% of time left for the value added tasks. Modern CFOs know that the key to tipping the scales in favour of more effective business partnering is increased levels of automation. Process improvements using the latest technology is key to achieve higher levels of automation and to allow the finance function to add greater value.

Our mixed experience from practice to multinational in the finance world has given us the experience to know where the problems are and where companies can really benefit with automation.

For example a real pain for large companies is SOX requirements. As Companies have 1000's of transactions booked into their finance system each day, week or month, they are required to have finance controls in place to ensure the figures in their accounts are correct and accurate. For example some of these controls involve completing recs, jnl reviews, audit checks and variance analysis. RecEasy automates these tasks in SAP.

The RecEasy solution will analyse & review the financial data in your finance system completing the task of reconciliation preparation and journal reviews automatically saving companies hours of work and huge admin costs.

Endorsed by:

- SAP Startup focus Program https://startups.sap.com/
- Enterprise Ireland
- Startlab Bank of Ireland