FIS Data Integrity Manager vs Reconcile.ly

FIS Data Integrity Manager is a web-based reconciliation system that centrally tracks data integrity and reconciliation processes. Its machine-learning virtual reconciler learns from manual matching patterns and carries out matching tasks for final review. An integrated workflow engine automates review, approvals, exception management, and escalation, while oversight tools track status, ownership, approvals, and progress against SLAs. Teams can reuse reconciliation models to define process elements such as matching logic and approval levels. FIS describes the product for reconciliation professionals in banking, insurance, capital markets, and other industries. Its Managed Reconciliation Service can host and maintain the solution, prepare data, and configure and run models. Access is available through a device or browser, online or from the desktop. FIS has described an Azure SaaS deployment for Commonwealth Bank of Australia, with FIS managing upgrades; that engagement was set to process over 150 million transactions daily. Pricing is on request.

Reconcile.ly syncs Shopify orders, payments, refunds, fees, and payouts with Xero or QuickBooks Online for ecommerce accounting and reconciliation. It can consolidate payout orders into one invoice that matches a bank deposit, and supports invoice mapping, tax-inclusive and tax-exclusive sales, refunds, gift cards, and gateway fees. Sync timing depends on the plan: Starter is daily, Standard hourly, and Pro and Unlimited real time. Starter costs $9 a month for 100 transactions; Standard is $29 a month for 400; Pro is $49 a month for 800; and Unlimited is $99 a month with unlimited transactions. Standard adds stock and inventory and contact syncing. Pro includes multicurrency support, transaction grouping, and sending orders by tag; Unlimited adds COGS reconciliation, summarized COGS invoices, gateway fee deductions, and advanced logic. The web service has no free plan but offers a free trial. Pro and Unlimited include multicurrency; Standard excludes it. Reconcile.ly is headquartered in Montreal, Quebec, Canada.