About AutoRec

AutoRec is a bank reconciliation software for accountancy practitioners and bookkeepers. The software can also be used for general data extraction.

AutoRec automates the process of performing bank reconciliation & statement analysis from paper bank and credit card statements and quickens the preparation of accounts for incomplete records clients. AutoRec can replace labour intensive processing and data-entry tasks for accountants and bookkeepers.

AutoRec builds upon Optical Character Recognition (OCR) technology and intelligent data cleansing to significantly reduce work time. AutoRec is used internationally by nearly 1,000 accountancy firms in the UK, Ireland, New Zealand, Australia and South Africa. OCREX also provides OCR software and integration solutions for different document types to provide significant time and labour cost savings for customers.

Key benefits of AutoRec

AutoRec automates the extraction of data from scanned images and PDF files of bank and credit card statements.

Accountants are able to scan clients' bank statements on a standard scanner, straight into a bank reconciliation spreadsheet.

AutoRec then verifies the accuracy of all scanned data, reading each scanned page image to identify what type of bank statement it is.

AutoRec extracts highly accurate data from scanned images of clients' paper bank documents or PDFs.

AutoRec can recognise and distinguish between dates, numbers, multi-line descriptions and cheque numbers accurately. The software recognises each cheque number presented on bank statements and even identifies and presents any missing cheque numbers.

Devices

Business size

S M L

Markets

Australia, United Kingdom

Supported Languages

English

Images

Data extracted from scanned documents is displayed in an AutoRec spreadsheet
AutoRec will read each scanned page image and automatically detect what bank statement type it is
As users hover over figures on the spreadsheet, the corresponding section of the scanned document is shown
Clicking "Recognise Document" prompts AutoRec to scan the document and extract data
View 5 more
AutoRec video
AutoRec screenshot: Data extracted from scanned documents is displayed in an AutoRec spreadsheet AutoRec screenshot: AutoRec will read each scanned page image and automatically detect what bank statement type it is AutoRec screenshot: As users hover over figures on the spreadsheet, the corresponding section of the scanned document is shown AutoRec screenshot: Clicking "Recognise Document" prompts AutoRec to scan the document and extract data

Features

Total features of AutoRec: 7

  • Account Reconciliation
  • Audit Management
  • Bank Reconciliation
  • Customer Accounts
  • Data Extraction
  • Data Import/Export
  • Receipt Management

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Reviews

Overall rating

4 /5
(1)
Value for Money
2/5
Features
5/5
Ease of Use
5/5
Customer Support
1/5

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Showing 1 review
Arash S.
Overall rating
  • Industry: Accounting
  • Company size: 2-10 Employees
  • Used Other for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 0.0 /10

You have to beg them to issue you invoice

Reviewed on 25/1/2019

As a software brilliant
As support and purchasing credit last awful

As a software brilliant
As support and purchasing credit last awful

Pros

East of use
Many templates
Export to excel

Cons

Have to call sales to get credits.
They not the most efficient of people in doing this.
Waited 3 days for someone to send me invoice. Gave up and gone somewhere else.

Apparently the guy who issued invoices was out of office and busy !!!

AutoRec FAQs

Below are some frequently asked questions for AutoRec.

AutoRec offers the following pricing plans:

  • Starting from: £99.00
  • Free Trial: Not Available

Bronze: £99.00/year. - 1 user. 125 pages per year. Silver: £299.00/year - 2 users. 500 pages per year. Gold: £649.00/year - 3 users. 2000 pages per year. Platinum: £999.00/year - 5 users. 5000 pages per year. Extra users are £39/month each. AutoRec packages include full, online training sessions and support.

We do not have any information about AutoRec features

AutoRec has the following typical customers:

Self Employed, 2-10, 11-50, 51-200, 201-500

AutoRec supports the following languages:

English

AutoRec supports the following devices:

We do not have any information about what integrations AutoRec has

AutoRec offers the following support options:

Email/Help Desk, Phone Support

Related categories

See all software categories found for AutoRec.