RynohOpX provides
automated Operating Account reconciliation
Automate time-consuming tasks like daily reconciliation and positive pay to minimize repetitive work while increasing timeliness and accuracy.
ABOUT RYNOHOPX
Anomalies, Potential
Fraud & Audit Issues
RynohOpX automatically retrieves transactions from your online banking and reconciles them with transactions from your accounting software on a daily basis.
RynohOpX works to identify anomalies, potential fraud and audit issues that expose you to potential loss. By providing automatic and daily account reconciliation, RynohOpX ensures the integrity of operating account financial transactions in any business setting. Further, our web-based platform makes staying balanced and month-end reporting a breeze.
Unique Features:
- Powerful Transaction Matching and Exception Management Tools
- Automatic Sweep Account Reconciliation
- Robust Reporting Tools and Customizable Alerts
These features provide more rigorous and comprehensive oversight for faster error discovery and correction.
About Reconciliation
Reconciliation Wizard
The Reconciliation Wizard identifies accounting errors and assists users in ensuring their accounts are reconciled. The Reconciliation Wizard:
- Verifies that File-to-File Transfers are in Balance
- Ensures there are no “forced” Cleared Transactions
- “Forced” Cleared Transactions are Transactions that are Manually Cleared in the Software and do not have a Matching Bank Transaction
- Guides the User Through the Correction Process Ensuring that your Operating Account Remains Current
Reconciliation Analysis Report
The Reconciliation Analysis Report ensures that an account is balanced three ways and identifies potential audit or regulatory concerns including:
- Transactions that have Cleared the Bank but are not Posted in the
Accounting Software - Files with Negative Balances & Stale-Dated Checks
- Pending Deposits & Files with Retained Funds
- Flags Errors (Including Posting Errors and Bank Errors)
MAKE THINGS BETTER
Software Features
Positive Pay
Funds Tracking & Validation
Intraday Wire Notifications
Auditor Oversight
Custom Reporting
Automated Reconciliation
MAKE THINGS BETTER
Software Features
Positive Pay
Automated Reconciliation
Funds Tracking & Validation
Auditor Oversight
Custom Reporting
Intraday Wire Notifications
What is your role at Rynoh?
Cheerleader, Goofball, and Smooth Operator. I’m here to promote the “small but mighty” concept; proof that you can hang with the big dogs even if you only weigh 5 pounds. It’s like what they say, “If at first you don’t succeed, try try again.” I always get what I want from the humans. One little glance and they’re puddy in my paws – lap nap, here I come! Finally, to be honest, I’m not sure what the Goofball role is, but that’s what mom calls me, so I guess it fits.