Products · Stage 06 — Reconcile & Close

ReconDrive

Your path to financial reconciliation excellence begins here.

What it is

What is ReconDrive?

ReconDrive is specialised reconciliation management software tailored for banks, insurers and financial services companies.

With automation, flexible matching rules, user-friendly results, comprehensiveness and thorough auditing, ReconDrive enhances precision and operational oversight.

It is your answer to smooth and error-free reconciliation.

Inside the product

Month-end as a queue of exceptions

The run clears what the rules can match and presents only the genuine breaks, each with the trail that produced it.

06 Reconcile & Close

Where ReconDrive sits in the lifecycle

The stage that decides whether every number before it can be trusted. The Reconciliation Agent runs on ReconDrive, matching premium, commission and settlement across systems so your finance team spends month-end on the genuine breaks instead of the matching.

Capabilities

Core modules

Ancillary and control modules extend the same engine.

Input file mapping

Organise and configure input files for matching precision.

Recon job automation

From file upload and matching to approvals and reports, ReconDrive does it all.

Configurable multi-level rules

Configure and choose matching rules to meet business needs.

Recon output reports

Download outputs, integrate them into MIS, or transform them into actionable data.

Ask Dot to summarise breaks and exceptions.

Multi-source cross recon

Handle cross-references and multi-layered, multi-source reconciliations.

Why teams implement it

Reasons to implement ReconDrive

  • Enhanced precision
  • Elevated recon flexibility
  • Data-driven decision making
  • Efficient workflow management
  • Improved operational oversight and control
  • Standardised processes
  • Integration capabilities
  • Regulatory compliance
  • Fraud detection and prevention
  • Better customer trust
In production

How our customers are growing with our products

We placed our faith on iorta to deliver a bespoke lead management system for our newly launched direct marketing channel. They also extended their services to co-drive the platform’s adoption by defining clear training and feedback loops.

Shashank ChapekarChief Distribution Officer, Manipal Cigna Health Insurance

We manage business opportunities and renewal collection processes across channels using Salesdrive from iorta. This has also helped us transition from a digital-focused to a digital-first enterprise.

Anup SethChief Retail Officer, Edelweiss Tokio Life Insurance
Let’s connect

Start with one workflow.
Not a platform programme.

Book a 15‑minute call. We will tell you which of your workflows is worth an agent first — and which is not.

Corporate office

MIDC, Andheri East, Mumbai, India – 400069

Reach us

contact@iorta.in

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