Our Product

Why HireSpectrum

Leveraging agile talent pods and ready-to-deploy pipelines to drastically reduce time-to-fill for critical roles.

Every candidate is pre-screened and domain-assessed, ensuring high role relevance and cultural alignment.

Deep understanding of banking, NBFC and insurance workflows allows us to speak your language.

Rigorous adherence to KYC norms, data security standards and audit-ready process for zero risk.

From single executive hires to bulk ramp-ups, our engagement models expand and contract with your needs.

Key pain points impacting reconciliation and operations

Multi-channel spikes and throughput demands strain daily reconciliation.

Spreadsheet-based matching leads to delays, errors, and limited traceability.

Frequent regulatory reporting requires accuracy, controls, and audit readiness.

Slow TAT, siloed systems, and limited analytics reduce process efficiency.

Reconix is a package of several products related to the banking industry, integrated together to provide comprehensive life cycle automation beyond just transaction matching. It is designed for internal control strengthening and not just manual work automation.
Standardizes Business Processes: Encapsulates all forms of complexity dimensions across diverse reconciliation processes.
Superior Product Features: Designed for “Adaptive” Automation to enable rapid configuration changes rather than source code changes. Constant changes are necessitated due to multiple/growing vendors, data formats, data patterns, and inter-connection reconciliation needs.
High Transaction Management: Actively manages and processes over 40 million transactions in a day.
Additional Capabilities: Capable of undertaking newer assurance/reconciliation needs such as PG Commission, GL substantiation, chargeback management, invoice processing, vendor payout, etc.
Scalable and Stable: Holds more than 5-6 years of data records on its servers.
Inclusive Support: HireSpectrum provides active and comprehensive support within the subscription engagement, supporting substantial changes, month-end closures, and knowledge sharing/user training on the reconciliation process along with the product, especially in environments with high employee turnover.

Accurate and Efficient Reconciliation: Reconix helps banks develop a smooth accounting and reconciliation tool with 100% accuracy in less time.
NPCI Product Automation: All NPCI products are automated to simplify reconciliation, allowing banks to raise disputes to NPCI (if any) by T+1 basis.
Monthly Expense and Income Reports: Automation of all expense and income reports on a monthly basis.
GST Invoice Management: Automation of collections and booking of GST invoices to claim and book the GST amount.
Comprehensive Monthly Reporting: Monthly reporting of all expense and income-related GLs.