speedRecon
speedrecon.com
What it is
speedRecon is web-based bank reconciliation software for comparing accounting records with bank records, reviewing unmatched transactions, grouping matches, and completing reconciliation statements. Users import records from CSV or Excel files; the service does not connect directly to banks at launch. Matching rules can use references, dates, amounts, text, tolerances, case sensitivity, and combinations of rules. Manual grouped matching supports one-to-many and many-to-many transactions. An activity timeline records review actions, grouped matches, and completion records. Company workspaces keep reconciliations, uploaded files, collaborators, and related records separate, with role-aware owner and collaborator access. HTTPS encrypts information in transit, account registration requires email verification, and two-factor authentication is available on supported plans. The free plan costs nothing and allows three reconciliations monthly, files up to 300 rows, one user, and 30-day file retention. Premium costs 299 GHS a month, while Enterprise costs 499 GHS a month. Paid plans increase reconciliation and file-row limits and include longer retention; Enterprise supports up to eight users and team collaboration. The service is intended for SMEs, accountants, finance departments, schools, churches, NGOs, and growing businesses.
Spec sheet
- What it does
- speedRecon is cloud software for comparing accounting records with bank records, reviewing exceptions, grouping matches, and completing reconciliation statements.Read 15 Oct 2026 · speedrecon.com
- Support
- The site publishes [email protected] for help.Read 15 Oct 2026 · speedrecon.com
- Headquarters
- 432/13 Alwaleed Bin Talal Highway, Mamobi, Accra, GhanaRead 28 Sep 2026 · speedrecon.com
- Access roles
- Owners and invited collaborators can receive different access treatment.Read 15 Oct 2026 · speedrecon.com
- Account verification
- New account registration requires email verification.Read 30 Sep 2026 · speedrecon.com
- Audit timeline
- The product records reconciliation activity, completion events, restored rows, manual matches, and reviewer actions.Read 15 Oct 2026 · speedrecon.com
- Audit trail
- The service records timeline activity, review actions, grouped matches, and completion records.Read 30 Sep 2026 · speedrecon.com
- Automatic matching
- The matching engine produces matched pairs, grouped matches, and unmatched accounting or bank rows for review.Read 15 Oct 2026 · speedrecon.com
- Bank integrations
- Direct bank connections are not available at launch; the workflow uses exported bank and accounting files.Read 15 Oct 2026 · speedrecon.com
- Company headquarters
- The maker lists 432/13 Alwaleed Bin Talal Highway, Mamobi, Accra, Ghana.Read 15 Oct 2026 · speedrecon.com
- Data handling
- The company says it does not intentionally store full card numbers or CVV codes in its systems.Read 30 Sep 2026 · speedrecon.com
- Data-protection framework
- The DPA references Ghana's Data Protection Act, 2012 (Act 843).Read 15 Oct 2026 · speedrecon.com
- File imports
- Users can import accounting and bank data in CSV or Excel formats.Read 15 Oct 2026 · speedrecon.com
- Final statement
- Completed reconciliations show matched totals, grouped totals, unmatched balances, supporting detail, and reviewer actions.Read 15 Oct 2026 · speedrecon.com
- Founded year
- No founded year is stated on the maker's About page or terms page.Read 15 Oct 2026 · speedrecon.com
- Grouped matching
- Manual grouped matching supports one-to-many and many-to-many reconciliation cases.Read 15 Oct 2026 · speedrecon.com
- Independent audience signal
- A LinkedIn SpeedRecon post displayed 254 followers when opened.Read 15 Oct 2026 · linkedin.com
- Independent launch signal
- A LinkedIn post shared by Prudent Corporate Solutions said SpeedRecon had launched about one week earlier and invited users to try it free.Read 15 Oct 2026 · at.linkedin.com
- Independent launch timing
- The SpeedRecon LinkedIn post was dated three months before the page was opened in October 2026.Read 15 Oct 2026 · linkedin.com
- Independent limit: variance visibility
- A LinkedIn commenter said the demonstration did not show a variance check and questioned opening or closing balance verification, anomaly detection, and failure explanations.Read 15 Oct 2026 · linkedin.com
- Independent positioning
- The LinkedIn company post positioned SpeedRecon as a replacement for spreadsheet reconciliation and emphasized automation and audit readiness.Read 15 Oct 2026 · linkedin.com
- Independent workflow observation
- The same LinkedIn discussion described ambiguous matches and the need for manual investigation when descriptions or amounts are similar.Read 15 Oct 2026 · linkedin.com
- Legal maker
- The service is operated by Vencha Investments Ltd.Read 15 Oct 2026 · speedrecon.com
- Licence and ownership
- The terms state that the software, code, interfaces, workflows, designs, documentation, and related intellectual property belong to speedRecon and its licensors.Read 15 Oct 2026 · speedrecon.com
- Matching rules
- Rules can use references, dates, amounts, text, tolerances, case sensitivity, and combinations of criteria.Read 15 Oct 2026 · speedrecon.com
- Payment methods
- Payment terms mention cards, Ghana mobile-money services, bank-supported channels, and other available methods.Read 15 Oct 2026 · speedrecon.com
- Payment processor
- Payments may be processed through third-party processors such as Paystack.Read 30 Sep 2026 · speedrecon.com
- Payment-data handling
- The transparency statement says the company does not intentionally store full card numbers or CVV values in its application systems.Read 15 Oct 2026 · speedrecon.com
- Refund limitation
- Subscription charges are generally non-refundable after a paid period starts, including unused time, unused features, and post-cycle downgrades.Read 15 Oct 2026 · speedrecon.com
- Retention
- Uploaded files follow plan-specific retention periods ranging from 30 to 180 days.Read 15 Oct 2026 · speedrecon.com
- Security encryption
- The production service uses HTTPS to encrypt information in transit.Read 30 Sep 2026 · speedrecon.com
- Security: email verification
- New accounts require confirmation of the registration email address.Read 15 Oct 2026 · speedrecon.com
- Security: HTTPS
- Production traffic is served over HTTPS to encrypt information in transit.Read 15 Oct 2026 · speedrecon.com
- Security: two-factor authentication
- Two-factor authentication is available on supported plans.Read 15 Oct 2026 · speedrecon.com
- Sub-processors
- The DPA names cloud infrastructure providers, Paystack or other payment processors, and email providers as standard subprocessors.Read 15 Oct 2026 · speedrecon.com
- Target customers
- The maker lists SMEs, accountants, finance departments, schools, churches, NGOs, and growing businesses as intended users.Read 15 Oct 2026 · speedrecon.com
- Target users
- The product is intended for SMEs, accountants, finance departments, schools, churches, NGOs, and growing businesses.Read 30 Sep 2026 · speedrecon.com
- Two-factor authentication
- Two-factor authentication is available on supported plans.Read 30 Sep 2026 · speedrecon.com
- Workflow
- The stated workflow is Upload, Map, Match, Review, then Complete.Read 15 Oct 2026 · speedrecon.com
- Workspace access
- Company workspaces isolate reconciliations, uploaded files, collaborators, and related records, with role-aware owner and collaborator access.Read 30 Sep 2026 · speedrecon.com
- Workspace isolation
- Reconciliations, uploaded files, collaborators, and related records are tied to company workspaces.Read 15 Oct 2026 · speedrecon.com
Plans and prices
Free forever Free GHS 0 / month single user · 3 reconciliations/month · 300 rows/file · basic security · single-workspace review · 30-day retention Read 15 Oct 2026 · speedrecon.com
Premium 299 GHS a month GHS 299 / month; GHS 3,399 billed annually up to 3 users · 30 reconciliations/month · 800 rows/file · 2FA availability · single-workspace review · 90-day retention Read 15 Oct 2026 · speedrecon.com
Enterprise 499 GHS a month GHS 499 / month; GHS 5,499 billed annually up to 8 users · 80 reconciliations/month · 2,000 rows/file · 2FA availability · team collaboration · 180-day retention Read 15 Oct 2026 · speedrecon.com
Strong points and limits
Strong points
- Imports accounting and bank records from CSV or Excel.
- Matching rules can combine several transaction criteria.
- Manual grouped matching supports one-to-many and many-to-many.
- The timeline records reviews and reconciliation completion.
Limits
- No direct bank connections at launch.
- Free allows up to three reconciliations per month.
- Free uploads are limited to 300 rows per file.
Who it suits
It suits organizations reconciling uploaded bank and accounting exports, including SMEs, accountants, finance departments, schools, churches, and NGOs. Paid plans allow additional users and higher reconciliation and file-row limits.
Verdict
speedRecon centers reconciliation on uploaded records, with configurable matching and an activity trail. Its lack of direct bank connections and plan-specific reconciliation and file limits are important constraints to weigh.
Where Specifiction places it
- Account Reconciliation Software#7 of 218.3
Alternatives to speedReconAll alternatives →
ReconArt From $300/mo 8.5 Visit 
AutoRek 8.3 Visit 
HighRadius 8.3 Visit