Simetrik

Overview

Simetrik offers an AI-powered platform designed to transform complex financial operations, with a core focus on automated reconciliation. The platform helps businesses, particularly in the fintech, banking, and large enterprise sectors, overcome challenges associated with disparate data sources, high transaction volumes, and manual processes. It provides capabilities for normalizing data from various systems (banks, payment gateways, ERPs, etc.), accurately matching transactions using advanced rules and AI/ML, efficiently managing and resolving exceptions, and offering real-time financial visibility through dashboards and reporting. By automating these critical tasks, Simetrik aims to significantly improve operational efficiency, reduce manual errors and risks, ensure regulatory compliance, and enable finance teams to shift their focus from data processing to strategic analysis and decision-making. Its value proposition lies in its ability to handle scale and complexity, providing a robust and auditable solution for financial control and operational excellence.

Key Features

• Automated Financial Reconciliation (Bank, Card, Wallet, etc.)
• Data Normalization and Transformation from disparate sources
• Advanced Transaction Matching Rules and AI/ML capabilities
• Efficient Exception Management and Workflow Automation
• Real-time Financial Visibility and Customizable Dashboards
• Scalable Infrastructure for High Transaction Volumes
• Comprehensive Audit Trails and Reporting for Compliance
• Integration Capabilities with Banks, PSPs, ERPs, and other systems
• User and Role Management for access control

Supported Platforms

• Web Browser
• API Access

Integrations

• Various Banks (Global)
• Payment Service Providers (PSPs)
• Payment Networks (Visa, Mastercard, etc.)
• ERPs (e.g., SAP, Oracle, NetSuite)
• Internal Legacy Systems
• Custom APIs