Explore comprehensive automated reconciliation services, designed to simplify and streamline financial processes for businesses of all sizes and levels of complexity, whether operating in-person, online, or both.
PAIN-POINTS
The high cost of manual reconciliation
Many businesses rely on manual reconciliation—a process that is not only an immense drain on resources but also a significant financial risk where a simple human error can lead to a domino effect of issues.
Issues with manual reconciliation processes
Time and effort intensive
Your finace team spends time on tedious checking and comparing files, leaving less time for more strategic, valuable tasks.
Revenue leakage
Unreconciled transactions can result in lost revenue that goes unnoticed.
Fraudulent activity
Manual processes make it difficult to spot and flag suspicious transactions on time.
Delayed reporting
Hours spent manually matching data means your finance team is a step behind, unable to provide timely financial reports.
Compliance risks
Inconsistent or incomplete reconciliation exposes businesses to audit risks.
HOW IT WORKS
Introducing automated reconciliation services
Automated reconciliation services involve the process of simplifying complexity and streamlining the manual process of matching transactions between financial records. It provides a level of clarity and efficiency that manual efforts simply cannot match.
Think of it as a super-fast, intelligent assistant that instantly compares all your transaction lists—from your store records to your bank’s —and provides precise reporting on the results. Its main job is to find any discrepancies, or “exceptions,” whether a payment is missing from one list or the amounts differ. By highlighting these exceptions, the system gives you the actionable insights needed to save valuable time and ensure your financial books are always accurate.
By automating this process, your business can…
Improve Financial Accuracy
Eliminate the risk of human error with a system that performs precise, rule-based matching.
Gain Prompt Insights
Get an instant view of your financial health, allowing you to identify discrepancies as they happen.
Save Time and Effort
Free up your finance team to focus on strategic growth initiatives, high-level analysis, and optimizing your bottom line.
INTRODUCING
TJ Reconciliation Services Product Suite
We give our customers access to a portal providing a comprehensive view of their reconciliation and exception data. With powerful search and filter capabilities, you can generate and export tailored reports in just a few clicks. And with intuitive top-line metrics you can view key metrics critical to your business.
Built on scalable and secure architecture, with 24/7/365 monitoring and proactive customer support, you can have complete peace of mind that your data is always protected and available.
What you can expect to see
Transactions
View the recon status on all your individual transactions.
Exceptions
Instantly view your exception transactions i.e. a transaction not successfully reconciled.
Expected Settlement
View the total amount you can expect to be settled into your bank account.
Choose your platform
Explore our reconciliation services – providing for varying levels of data insights and capabilities.
TJ Recon
RECONCILIATION SERVICE
PORTAL DASHBOARDS
Transactions dashboard
Exceptions dashboard
Expected settlement dashboard
PROVIDERS RECONCILED
Card payments
Alternative payments
Value-Added services
Vouchers
Loyalty
ADVANCED FEATURES
Advanced exception management
Real-time “rolling recon”
Recon history
Audit trail
Multi-currencies
AVAILABILITY
Acquiring banks supported
TJ Recon
Switch to bank
Absa, FNB, Nedbank, Standard Bank
TJ Recon Pro
3-Way Reconciliation
Absa, Capitec, FNB, Nedbank, Standard Bank, Bank Windhoek, Absa Africa, FNB Africa, Nedbank Africa, Stanbic
TJ Recon
RECONCILIATION SERVICE
Switch to bank
ACQUIRING BANKS SUPPORTED
Absa, FNB, Nedbank, Standard Bank
PORTAL DASHBOARDS
Transactions dashboard
Exceptions dashboard
Expected settlement dashboard
PROVIDERS RECONCILED
Card payments
Alternative payments
VAS
Loyalty
Vouchers
ADVANCED FEATURES
Advanced exception management
Real-time “rolling recon”
Recon history
Audit trail
Multi-currencies
TJ Recon Pro
RECONCILIATION SERVICE
3-Way Recon
ACQUIRING BANKS SUPPORTED
Absa, Capitec, FNB, Nedbank, Standard Bank, Bank Windhoek, Absa Africa, FNB Africa, Nedbank Africa, Stanbic
PORTAL DASHBOARDS
Transactions dashboard
Exceptions dashboard
Expected settlement dashboard
PROVIDERS RECONCILED
Card payments
Alternative payments
VAS
Loyalty
Vouchers
ADVANCED FEATURES
Advanced exception management
Real-time “rolling recon”
Recon history
Audit trail
Multi-currencies
PRODUCT ADVANCEMENTS
Why TJ Recon Pro is a game-changer
TJ Recon Pro is a fundamental upgrade that’s built for today’s complex market. Our “rolling recon” engine provides true real-time reconciliation, processing and matching transactions as they happen so you are never a step behind. Unlike our lower-tier package, the Pro platform gives you the power to proactively manage all exceptions and reconcile across every provider and payment type, ensuring every cent is accounted for.
Three-way reconciliation services: Recon across POS, Switch and Bank – includes switch-to-bank (available on lower tier), in addition, Client-to-Provider, Client-to-Switch-to-Provider, Switch-to-Client.
Real-time reconciliation for continuous accuracy: The system supports real-time ingestion of transaction data and perform rolling reconciliation as new data arrives. This includes continuously updating recon status without requiring full batch reprocessing.
Reconcile all providers: Recon across every type of transaction—from alternative payment, loyalty, VAS and vouchers.
Never miss an exception: Open, snooze, resolve and add notes to exception transactions. Bulk actions supported.
Reconciliation across multiple currencies: Supports the reconciliation of transactions across multiple currencies, applying DCC rate logic automatically to normalize and match values across sources
View transaction recon history: View the reconciliation history trail of each transaction.
Exception aging report: The system tracks how long exceptions remain in each state (e.g., Open, Snoozed, Resolved) and surface that duration in dashboards and filters.
Audit history: Supports a complete log of user actions and data access for audit purposes, detailing who viewed, edited, or exported data.
Alerts: The system monitors expected file inputs per client/provider and generate alerts if any files are not received by their expected ingestion time. Additionally, the system sends automated alerts to users or teams when certain exception thresholds are met or specific high-priority exception types are triggered.
Three-way reconciliation services: Recon across POS, Switch and Bank – includes switch-to-bank (available on lower tier), in addition, Client-to-Provider, Client-to-Switch-to-Provider, Switch-to-Client.
Real-time reconciliation for continuous accuracy: The system supports real-time ingestion of transaction data and perform rolling reconciliation as new data arrives. This includes continuously updating recon status without requiring full batch reprocessing.
Reconcile all providers: Recon across every type of transaction—from alternative payment, loyalty, VAS and vouchers.
Never miss an exception: Open, snooze, resolve and add notes to exception transactions. Bulk actions supported.
Reconciliation across multiple currencies: Supports the reconciliation of transactions across multiple currencies, applying DCC rate logic automatically to normalize and match values across sources
View transaction recon history: View the reconciliation history trail of each transaction.
Exception aging report: The system tracks how long exceptions remain in each state (e.g., Open, Snoozed, Resolved) and surface that duration in dashboards and filters.
Audit history: Supports a complete log of user actions and data access for audit purposes, detailing who viewed, edited, or exported data.
Alerts: The system monitors expected file inputs per client/provider and generate alerts if any files are not received by their expected ingestion time. Additionally, the system sends automated alerts to users or teams when certain exception thresholds are met or specific high-priority exception types are triggered.
WHITE PAPER DOCUMENT
Get the white paper document
To read the white paper, please complete the enquiry form at the bottom of this page.
WHITE PAPER DOCUMENT
Get the white paper document
To read the white paper, please complete the enquiry form at the bottom of this page.
Reclaim your time. Protect your revenue.
This reconciliation platform is more than just a tool—it’s a strategic partner. It allows you to reclaim valuable time, protect your revenue from leakage and fraud, and empower your team to focus on what matters most: growing your business.
CHAT TO US
Chat to us about our automated reconciliation services