Posted By Gbaf News
Posted on January 17, 2014
AutoRekis an award-winning global provider of financial controls software, including automated reconciliations, cash applications, and compliance products.
Locations:Headquartered in 193-197 Bath Street, Glasgow. Further offices in Edinburgh and London
Markets:Deployed globally, with particularly strong credentials within financial services
Contact information: Call +44 (0)845 603 3613 or email [email protected]
Key executives: Gordon McHarg (managing director), Steve Morosi (operations director), George Urquhart (technical director), Jim Muir (director)
Brief history of the company:
AutoRek is a product of API Software Limited and was created in Glasgow in 1994. Today, AutoRek’s suite of products are deployed globally and the company is responsible for installing leading reconciliation and financial controls software worldwide to tackle some of the most complex data management challenges.
AutoRek has a blue chip client base comprising of many leading financial services companies and some of the world’s largest corporations from a range of sectors. The company is also an implementation partner for many leading consultancies.
Certifications/licenses: Various
Products/services offered: AutoRek offer a suite of four financial data management products:
- AutoRek® – core flagship product: a powerful automated reconciliations solution used extensively for intercompany reconciliations, line of business to general ledger, suspense account management, bank, settlement, custody and client money.
- ReKognize™ – is an assurance and attestation product. It helps ensure account ownership, drives accountability and gives instant transparency over all accounts.
- VanguARd™ – is an automated cash allocations tool. It takes any format of remittance advice, relates to banked amounts and automatically applies it to sales and debtors ledgers.
- Klear™ – is a single client management tool that enables rapid verification of identity and linkages to other client records.
Typical projects range from cost reduction and process efficiency exercises, to improving adherence to regulatory requirements. Demonstrations of the software can be requested at www.autorek.com/demo.
Link to website: www.autorek.com
