Rekonist - The simple, powerful and comprehensive way to improve data quality

Today's systems are an interconnected mesh servicing business functions

Modular

Applications are lean, specific and caters a particular business domain

Loosely coupled

Applications are integrated through queues or event bus for loose coupling

Distributed

Transactions are distributed and a single transaction involves multiple systems

Eventually consistent

The end to end flow happens in stages and expected to be eventually consistent

Intricate

Complex orchestration of business processes to manage the life cycle of the entity

Decentralized

Applications manage their own domain data but some information is duplicated across multiple systems

Major challenges in today's systems concerning data

Application errors

Complex business rules, requirements and calculations introduce invalid, inconsistent data

Data incidents

High percentage of production incidents are data related and requires regular data patch

Repetitive issues

Systems and processes to proactively monitor recurrence of data issues are lacking

Operational mistakes

User mistakes are neither caught early nor thoroughly. Lack of system controls compound day to

System controls

Systems are not always designed to eliminate all user errors. Implementing controls in core systems is a complex affair

Customer complaints

Data issues lead to bad customer experience and loss of customer trust. Impacts customer journeys and onboarding

Complex reconciliation

Data reconciliation is complex and resource intensive and onus is on the system maintainers to ensure data quality

Resource overhead

Involvement of cross functional teams (IT, Finance, MIS, Operations) regularly to correct data issues

Inefficient utilization

Ineffective and inefficient use of IT, vendor and other support functions. Huge efforts spent on repeat, mundane tasks

Unexpected errors

Trivial issues snowball into ones having major application impact. Data discrepancies could lead to system downtimes

Compliance violations

Data issues often leads to non compliance with internal and regulatory policies and standards

Operational loss

Financial loss as a result of wrong user input or data issues. Legal issues arising out of data integrity challenges

Healthy systems
Cost optimization
Productivity improvements
Risk mitigation

Data consistency across different systems
Data issues are identified early
Improves trust and confidence in your systems
Implement application, product changes confidently

Reduce the total cost of ownership of the systems
Better returns from support and vendor contracts
Reduce overhead of your business, finance and operations team
Leaner business and operations teams

Reduce noise and create actionable insights for various data issues
Faster, focused and thorough reconciliation of your systems
Efficient collaboration
Optimize the workload of the IT, vendor and other support functions

Proactive monitoring and actioning
Implement effective data controls
Reduce user mistakes and system errors
Maintain clear history of issues and corrections

Rekonist provides comprehensive toolkit for every reconciliation needs

Entry reconciliation

Reconcile within and across datasets

Variance analysis

Baseline, upper and lower limit validation

Value validation

Data validation against custom business rules

Data audits

Maintain clear history of data inconsistencies

Manual matching

Leverage manual matching in reconciliation workflow

Easy integration

Upload apis, CSV file uploads and database adapters

Functions

Excel like functions. Bring your own functions for custom reconciliation requirements

Text search algorithm

Text search for complex reconciliation matching

User collaboration

Automatic tasks creation and complete workflow

Alerts

Alerts and notifications for real time monitoring

Implement reconciliation use cases in a cost effective way using Rekonist

Zero changes to core systems

Implement reconciliation with no changes to core

Customizable CSV upload adapters to ingest any file

Database adapters to connect to any application DB

Auto generated apis to develop any custom adapters

Zero application infrastructure costs

Open source technology stack end to end

Node.js application server

Postgres database

React for UI

Sandbox / Trial

Your own test environment to try the awesome features

Features

3 months no frills attached usage
No payment / credit card needed
All features included
Restricted but generous data upload
Complete functional assistance in configuring reconciliation use cases

Enterprise

Take full control. Your servers - We manage

Features

All fetures included
Application managed end to end
New feature releases at no extra cost
Complete functional assistance in configuring reconciliation use cases

Saas

No headache pay as you go model

Features

Total ownership
Pay per user
All fetures included
New feature releases at no extra cost
Complete functional assistance in configuring reconciliation use cases