Company Information

Get to know PayRecs

PayRecs provides a Software-as-a-Service (SaaS) platform that automates the tedious and error-prone process of bank reconciliation. By leveraging AI, the software connects to a company's bank accounts and accounting systems (such as Xero and QuickBooks) to automatically match incoming payments with their corresponding invoices. The company's mission is to save finance teams significant time, reduce manual errors, improve cash flow visibility, and streamline financial closing processes for businesses of all sizes.

Industry

Technology Software DevelopmentPRIMARY
Financial Banking
Financial Other Service

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PayRecs

N/A

Founded in

17 Dec 2017 (8 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Others

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Reviews

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TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.

BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

Security Information :

Company hasn't provided information.

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.