About Reconcile.ly
Reconcile.ly by Reconcilely is an innovative integration software that streamlines the reconciliation process for businesses by automating and simplifying the matching of financial data.
Reconcile.ly Details
Vendor
Reconcile.ly
Year Launched
2018
Location
Montreal, Quebec H9G2X5, CA
Deployment
on premise
Training Options
demo, account manager, community
Countries Served
All Countries
Languages
English, Spanish, French, German, Italian, Portuguese, Dutch, Russian, Chinese, Japanese, Korean
Users
Accountant, Bookkeeper, Finance Manager, Small Business Owner
Industries Served
Healthcare, Retail, Finance, Education
Tags
Integration, Reconciliation, Accounting, Finance, Automation, Data, Software, Tools
Reconcile.ly's In-App Market Place
Does Reconcile.ly have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
0
Mini Apps
Pricing Options
Free trial
Free version
Request a quote
Promo Offer
Accepted Payment Currencies
USD ($), EUR (€), GBP (£), AUD (A$), CAD (C$), JPY (¥), CNY (¥), INR (₹), RUB (₽), CHF (Fr.), SEK (kr), NOK (kr), HKD (HK$), SGD (S$), NZD (NZ$)
Pros & Cons
- Automates the reconciliation of Shopify transactions, saving significant time compared to manual bookkeeping.
- Reduces accounting errors by consolidating payouts and automatically categorizing financial data.
- Integrates directly with widely used accounting platforms such as Xero and QuickBooks.
- Supports multi-currency transactions and detailed financial categorization for ecommerce businesses.
- Provides a relatively simple setup process and real-time synchronization
- Primarily designed for Shopify merchants, making it less useful for businesses without Shopify stores.
- Feature scope is focused on accounting reconciliation rather than broader ecommerce management.
- Some advanced accounting workflows may still require manual adjustments or accountant oversight.
- Limited integrations compared to full enterprise iPaaS platforms.
- Requires a paid subscription after the trial period to access full functionality.