--- title: "RecWise Software Pricing, Alternatives & More 2026 | Capterra" description: "With the help of Capterra, learn about RecWise Software - reviews, pricing plans, popular comparisons to other Financial Close products and more." source_url: "https://www.capterra.com/p/171454/RecWise/" page_type: "product" language: "en" --- # RecWise Software Review 2026: Features, Integrations, Pros & Cons Last updated on September 9, 2026 Provider data verified by our Software Research team, and reviews moderated by our Reviews Verification team. [Description](#description)[Use cases](#use-cases)[Alternatives](#alternatives)[FAQs](#faqs)[Features](#features)[Pricing](#pricing)[Integrations](#integrations)[Support](#support)[Reviews](#reviews) RecWise ## What is RecWise? Month End Close can be a time consuming and arduous activity. Why not simplify the process with and efficient and effective solution such as RecWise. A compliant framework that is SOX proven and has helped customers of all sizes achieve a timelier close using an intuitive platform. A self-managed solution that reduces the overall costs associated with this important finance function. Licenses can be reassigned as necessary. Adding in company specific parameters can also be self-managed. A flexible tool for any environment. Delivered as a web enabled on-premise solution allows for you to manage the security behind your firewalls or if required you can host with a trusted provider and achieve economies of scale from pricing. An application that can be set up with weeks and not months drives a better ROI and ongoing costs. Use a solution that ticks the boxes you need and not all the whistles and bells you may never use. We support any ERP and multiple ERP’s should the need arise. ## What is RecWise used for? [Financial Reporting](https://www.capterra.com/financial-reporting-software/)[Financial Close](https://www.capterra.com/financial-close-software/) Top alternative Featured Overall rating Based on 37 user reviews Reviews sentiment Positive 89% Neutral 8% Negative 3% Starting price $100 Per User, Per Month Free trial not available Free version not included Capterra Shortlist charts the highest-rated and most popular products... Our "Best of" badge program showcases products with the highest ratings... Our "Best of" badge program showcases products with the highest ratings... Do you work for RecWise?[Manage this product listing](https://www.g2.com/products/recwise/claim_requests/new?auto=true) ## RecWise Overview Updated September 2026 AI summary RecWise supports accounting and finance teams in managing financial close and reporting processes, offering tools for audit trails, compliance management, and financial consolidation. With features such as profit/loss statements, bank reconciliation, dashboards, and multi-currency support, it serves organizations of all sizes. RecWise is available via cloud or Windows deployment, with options for accounting integration and workflow management. ## Compare with a popular alternative Capterra selects software alternatives based on relevant features, verified user reviews and user interactions. Placement may be influenced by client status. ### RecWise 4.1 (37) VS. [4.3 (717)](https://www.capterra.com/p/76/Intacct/reviews/) Starting Price $100 Per User, Per Month Starting Price Contact vendor Free Trial Free Version Pricing Options Free Trial Free Version Ease Of Use 4.2 (37) Ease Of Use 4.2 (643) Value For Money 4.3 (27) Value For Money 4.0 (550) Customer Service 4.5 (31) Customer Service 4.0 (582) ## RecWise alternatives [4.2 (2,073)](https://www.capterra.com/p/135757/NetSuite/reviews/) Starting price Contact vendor for pricing Pricing Options Free Trial Free Version User Rating 85% of reviewers rated it above 4 stars Highest Rated [FloQast](https://www.capterra.com/p/153722/FloQast/) [4.9 (106)](https://www.capterra.com/p/153722/FloQast/reviews/) Starting price $999.00 Per User, Per Month Pricing Options Free Trial Free Version User Rating 100% of reviewers rated it above 4 stars [Learn More](https://www.capterra.com/p/153722/FloQast/) [Vena](https://www.capterra.com/p/131246/Vena/) [4.5 (139)](https://www.capterra.com/p/131246/Vena/reviews/) Starting price Contact vendor for pricing Pricing Options Free Trial Free Version User Rating 94% of reviewers rated it above 4 stars [Learn More](https://www.capterra.com/p/131246/Vena/) [CCH Tagetik](https://www.capterra.com/p/62308/CCH-Tagetik/) [4.4 (108)](https://www.capterra.com/p/62308/CCH-Tagetik/reviews/) Starting price $50000.00 Per User, Per Month Pricing Options Free Trial Free Version User Rating 95% of reviewers rated it above 4 stars [Learn More](https://www.capterra.com/p/62308/CCH-Tagetik/) [View all alternatives](https://www.capterra.com/p/171454/RecWise/alternatives/) ## FAQs about RecWise Overview ### Which roles and teams benefit most from RecWise? RecWise is most used by accounting and finance teams, including accountants, cash and accounts payable analysts, and financial analysts who need to streamline reconciliations, cash management, and reporting. Finance managers, reporting leads, and systems advisers benefit from improved process control, master data accuracy, and clearer visibility across financial operations. Answer based on 37 reviews Overview ### What company size and industries is RecWise built for? RecWise is for accounting teams handling month-end balance sheet reconciliations, especially in enterprises, which make up 54% of reviewers, and in Mining & Metals, at 30%. It also serves midsize businesses at 35%, with additional use in Oil & Energy and Financial Services, both 11%, often for financial reporting. Answer based on 37 reviews Features and Usability ### What are the key features of RecWise? RecWise offers access controls and permissions, audit trail, approval process control, and compliance management for governance. It also includes bank reconciliation, journal entry processing, general ledger, accounting integration, and financial reporting, plus dashboards, data visualization, real-time reporting, and workflow management for financial operations. Pricing ### How much does it cost and what fees or limitations are included? RecWise starts at $100 per user per month on the annual plan, with pricing payable in advance and a minimum of 5 users. The plan includes upgrades, support, and licensing, plus reusable licenses and half-yearly upgrades. Reviewers describe it as one of the better priced software options. Answer based on 1 reviews Integrations ### Which third-party tools and platforms does RecWise integrate with? RecWise integrates with 7 third-party business systems, including JD Edwards EnterpriseOne, MS Dynamics, NetSuite, Oracle PeopleSoft, SYSPRO, TechnologyOne Enterprise Content Management, and Xero. These catalog integrations cover ERP, finance, and enterprise content management platforms. Getting Started and Support ### What training and onboarding options does RecWise offer? RecWise provides in-person training, live online sessions, webinars, and documentation to help teams get started. In-person training supports direct instruction, live online sessions allow guided setup remotely, webinars cover scheduled learning sessions, and documentation offers written reference material for self-paced review. Answer based on 1 reviews Getting Started and Support ### What customer support options does RecWise offer? RecWise provides Email/Help Desk, FAQ/Forum, Knowledge Base, Phone Support, and Chat. Users describe the support team as responsive and helpful, with smooth implementation and good availability. Feedback also notes rare need for follow-up, suggesting support is generally easy to reach when issues do arise. Answer based on 2 reviews User interface ### Is RecWise easy to use? RecWise works well for teams familiar with Excel, but the interface feels mixed in day-to-day use. Finance and accounting users like the familiar layout, standard templates, attachments, and navigation, while some find data entry clunky, formatting hard to retain, and occasional bugs or missing guidance frustrating during reconciliations. Answer based on 10 reviews ## Features AI summary Based on 271 Financial Close reviews Capterra data shows that buyers of financial close software rank the following features as their top priorities: - **Profit/Loss Statement** (**64%** of reviewers rated this feature as critical) - **Reporting/Analytics** (**51%**) - **Income & Balance Sheet** (**65%**) RecWise supports all three of the features reviewers rate most important: **Profit/Loss Statement**, **Reporting/Analytics**, and **Income & Balance Sheet**. Together, these capabilities give teams clear visibility into financial performance, improve reporting accuracy, and help businesses manage close activities with greater confidence and control. Reporting/Analytics 4.0 (2) 150.00% of 2 reviewers that rated this feature as important or highly important View and track pertinent metrics to find patterns and gain insights from data Income & Balance Sheet 4.1 (15) 86.67% of 15 reviewers that rated this feature as important or highly important A statement detailing the financial position of a business including assets, liabilities, and equity at a certain point in time Financial Reporting 3.0 (1) 100.00% of 1 reviewers that rated this feature as important or highly important Generate reports to assess the financial performance of an organization General Ledger 4.1 (20) 85.00% of 20 reviewers that rated this feature as important or highly important Centralized accounting record which tracks all financial transactions Audit Trail 4.6 (18) 88.89% of 18 reviewers that rated this feature as important or highly important A record of all activities within the system, including user access, changes made, etc. Compliance Management 4.0 (1) 100.00% of 1 reviewers that rated this feature as important or highly important Track and manage adherence to policies for any service, product, process, or supplier RecWise 33 features ### All Features - Access Controls/Permissions: Define levels of authorization for access to specific files or systems - Accounting: Built-in accounting to manage ledger, accounts payable/receivable, financial reports, etc. - Accounting Integration: Integrate with a third-party accounting system - Activity Dashboard: Dashboard to view the status of ongoing processes, identify current incidents and track past activities - Alerts/Notifications: Alerts or notifications of various types such as pop-up messages, sounds, banners, or badges - Approval Process Control: Manage the process of evaluating documents or requests submitted for approval - Audit: Creates workflows to assign tasks for audit and inspections, monitor work in progress, timelines, and approvals. - Audit Trail: A record of all activities within the system, including user access, changes made, etc. - Bank Reconciliation: Compare and match accounting/financial records with corresponding bank statements - Checklists: An itemized to do list that can be edited as tasks are completed - Compliance: Implements policies and controls to help the organization meet various compliance certifications and standards, such as SOC 1, SOC 2, SSAE 18, ISO 27001, HIPAA and PCI DSS. - Compliance Management: Track and manage adherence to policies for any service, product, process, or supplier - Custom: Allows users to edit reports and to combine multiple reports - Customizable Templates: Pre-designed layouts that can be customized to match preferences and requirements - Dashboard: Assembly of graphs and charts for visualizing and tracking statistics/metrics - Data Import/Export: Import and export data to and from software applications - Data Visualization: Graphical representation of data - Financial Reporting: Generate reports to assess the financial performance of an organization - General Ledger: Centralized accounting record which tracks all financial transactions - Income & Balance Sheet: A statement detailing the financial position of a business including assets, liabilities, and equity at a certain point in time - Journal Entry Processing: Initiate, document and approve journal entries throughout the accounting cycle - Management: Financial information can be imported from multiple sources such as spreadsheets, text files, or databases - Multi-Company: Manage the accounting and financial aspects of multiple locations or companies in a single location - Multi-Country: Pay employees in multiple countries using correct currencies and correct tax deduction amounts - Multi-Currency: Manage and handle various international currencies - Profit/Loss Statement: A type of financial statement used to record and report an organization's revenues, costs, and expenses over a specific amount of time - Real-Time Data: Receive data and information in real time - Real-Time Reporting: Active reporting of data and metrics - Reporting/Analytics: View and track pertinent metrics to find patterns and gain insights from data - Third-Party Integration: Addition of necessary external data, applications, tools, or features - Third-Party Integrations: Set up connections to third-party platforms to improve business processes - Visual Analytics: Interact with data visualization elements, such as charts and graphs, to drill down into data - Workflow Management: Create, design and manage workflows for repetitive tasks --- Get Advice We can help you find the software with the features you need. Features 4.0 (37) 4.0 Based on 37 reviews ## Pricing Value for money 4.3 (27) [View pricing plan details](https://www.capterra.com/p/171454/RecWise/pricing/) RecWise $100.00 Per User,Per Month It includes: - reuseable licenses - support included - upgrades included (half yearly) Value for money 4.3 (27) 4.3 Based on 27 reviews ## Integrations [ Xero](https://www.capterra.com/p/120109/Xero/)[ NetSuite](https://www.capterra.com/p/135757/NetSuite/)[ Oracle PeopleSoft](https://www.capterra.com/p/155958/Oracle-PeopleSoft/)[ JD Edwards EnterpriseOne](https://www.capterra.com/p/212037/JD-Edwards-EnterpriseOne/)[ SYSPRO](https://www.capterra.com/p/6963/SYSPRO-ERP/) Connect with a Capterra advisor for a free 15-minute consultation Get a personalized software list aligned to your business needs with guidance from our expert advisors. Our team has helped 1 million+ businesses like yours find options that fit their needs. ## Support, customer service and training options Customer Service 4.5 (31) Support - Email/Help Desk - FAQs/Forum - Knowledge Base - Phone Support - 24/7 (Live rep) - Chat Training - In Person - Live Online - Webinars - Documentation - Videos Deployment - Web - Android - iPhone/iPad Typical users - Freelancers - Small businesses - Mid size businesses - Enterprises Customer Service 4.5 (31) 4.5 Based on 31 reviews ## User reviews Overall rating 4.1 Based on 37 reviews Filter by rating 5(9) 4(24) 3(3) 2(1) 1(0) Mentioned topic Sorted by most recent ML Melody L. Group Reporting Manager Utilities ### "RecWise rec function review" 2.0 Overall Rating 2.0 2.0 Ease of Use 3.0 3.0 Features 1.0 1.0 Customer Service 3.0 3.0 Likelihood to Recommend 2/10 April 9, 2024 Overall, it is only a tool to track completeness of reconciliations, however, it is extremely difficult to maintain any support with large data and calculations in the tool. Pros \- Easier to monitor what have/have not been completed and reviewed - Options to group multiple accounts in one rec Cons \- the "excel" template was very difficult to use. Hard to put in formula or even copy paste into values (values in particular format can be picked up in recwise) - unable to build any working schedules in rec templates so that balance figures can be linked to - majority of recs still have to be maintained in external excel and perform extra work to attach into RecWise Review source Vendor Referred - Incentive Offered: This reviewer was invited by the software vendor to submit an honest review and offered a nominal incentive as a thank you. Response from Vendor May 6, 2024 Hi Melody, thanks for the feedback, if you have a suggestion or example of the problems we can certainly look to improve on the pain points you have. Perhaps send an example and we can look into it. Please email support@recwise.com. SW Sabrina W. Senior Accounting Manager Oil & Energy ### "Great Reconciliation Product" 4.0 Overall Rating 4.0 4.0 Ease of Use 5.0 5.0 Features 3.0 3.0 Customer Service 5.0 5.0 Likelihood to Recommend 7/10 April 1, 2024 Overall I enjoy the product. It is easy to use and train new users. Easy to manage and the dashboard helps to review the overall status of monthly reconciliations. Pros Ease of use. Easy to upload monthly trial balances and make bulk changes. Cons I do not like the filter function. The older version had better capabilities & features, filters remained selected when making changes, there were more drop down options. Review source Vendor Referred - Incentive Offered: This reviewer was invited by the software vendor to submit an honest review and offered a nominal incentive as a thank you. Response from Vendor May 6, 2024 Hi Sabrina, thanks for the feedback in relation to the filter function. The common filters are at the top as you would see, if you open the Rec View screen you will see the familiar binoculars icon to assist the search. Hope that helps, but if not let us know and we can look further into the search capability. Please email us at support@recwise.com. MS Michael S. Site Accountant Electrical/Electronic Manufacturing ### "CS Energy review" 3.0 Overall Rating 3.0 3.0 Ease of Use 3.0 3.0 Features 3.0 3.0 Customer Service 3.0 3.0 Likelihood to Recommend 6/10 March 24, 2024 Pros A central place for our Bal Sheet recs to be completed Cons Not being able to update attachments in RecWise on a monthly basis. The manual process to change users for particular recs. The ability that only one user can prepare a reconciliation (not have more than 1 user). Review source Vendor Referred - Incentive Offered: This reviewer was invited by the software vendor to submit an honest review and offered a nominal incentive as a thank you. Response from Vendor March 27, 2024 Hi Michael, The attachments are as at a state in time therefore they cannot be updated without saving the file again. The attachments can roll forward however as required. If you are an Admin to reallocate Recs you can use the Admin > Bulk Update Rec(s) area to update users easier and quicker also. Happy to discuss if this sounds like an option for you drop us a message via support@recwise.com. Preparing the Rec is tied to the segregation of duties requirement in the application, so for auditing it is clear who is performing the reconciliation. But as above happy to discuss. Regards RecWise KB Kylie B. Senior Treasury Analyst Oil & Energy ### "CSE KB review" 5.0 Overall Rating 5.0 5.0 Ease of Use 5.0 5.0 Features 5.0 5.0 Customer Service 0.0 0.0 Likelihood to Recommend 10/10 March 21, 2024 Excellent experience thus far. Pros Dashboards, search and filtering functions, ease of use, attachments section Cons Can't think of any. Review source Vendor Referred - Incentive Offered: This reviewer was invited by the software vendor to submit an honest review and offered a nominal incentive as a thank you. JF Jacelyn F. Financial Analyst Oil & Energy ### "Great product but still requires refinements. " 4.0 Overall Rating 4.0 4.0 Ease of Use 3.0 3.0 Features 2.0 2.0 Customer Service 0.0 0.0 Likelihood to Recommend 6/10 March 21, 2024 Pros I like the ease of using RecWise and the ability to complete reconciliations quickly and attach a variety of support. Cons I find the excel "face" of the actual reconciliation still clunky and not easy to use. I.e. adding new rows and retaining formatting. Would be great if you could highlight a couple of amounts and it showed the total in the screen Switched from [Microsoft Excel](https://www.capterra.com/p/176574/Excel/) Streamline reconciliations and enable the support to be kept with each rec. Review source Vendor Referred - Incentive Offered: This reviewer was invited by the software vendor to submit an honest review and offered a nominal incentive as a thank you. Response from Vendor March 25, 2024 Hi Jacelyn, The highlighting like Excel is not available and I guess the other way is to use a simple addition in a free cell. Inserting rows and columns shouldn't be too difficult though. On the 'face' there are the 'copy' button and underneath that the 'paste formatting' that should help with the formatting comment above. Thx for the review also, sometimes we aren't aware of small things so we will take this onboard. CL Criselita L. Analyst Accounting Processes Mining & Metals ### "RecWise is great app for reconciliation" 5.0 Overall Rating 5.0 5.0 Ease of Use 5.0 5.0 Features 5.0 5.0 Customer Service 5.0 5.0 Likelihood to Recommend 9/10 August 23, 2021 I've been using recwise for almost 2 yrs now. there has been changes to improve and ease the use of the application for the users. Pros Its very easy to use and navigate. You van view previous reconciliations and its supporting documents that was attached by the preparer. Cons previously its not very easy to use. The app is lagging, not responding sometimes and attachment of file will took you some minutes. But after the updgrade/update, the recwise has a new face for reporting purposes and the ease of use has been solved Review source Vendor Referred - Incentive Offered: This reviewer was invited by the software vendor to submit an honest review and offered a nominal incentive as a thank you. DL Daniel L. Cash & AP analyst Accounting ### "Accountability & checkpoint" 4.0 Overall Rating 4.0 4.0 Ease of Use 4.0 4.0 Features 3.0 3.0 Customer Service 4.0 4.0 Likelihood to Recommend 6/10 August 17, 2021 Can be tedious on the data pulling but it is helpful for the company overall. Pros Recwise has provided the stakeholders and employees to check and balance to ensure all items are appropriately parked in the correct General ledger. Gives us awareness on the aged items as well. Cons So far no as it always improves the software Review source Vendor Referred - Incentive Offered: This reviewer was invited by the software vendor to submit an honest review and offered a nominal incentive as a thank you. Response from Vendor August 23, 2021 Hi Daniel, if you can let us know what you mean by data pulling we can look to improve that. Reports are going to be looked at in our next release also. Regads RecWise JA Jayson A. Analyst Accounting Processes Mining & Metals ### "RecWise Review" 5.0 Overall Rating 5.0 5.0 Ease of Use 5.0 5.0 Features 5.0 5.0 Customer Service 5.0 5.0 Likelihood to Recommend 10/10 August 17, 2021 Pros Easy to use and makes accounts easy to reconcile Cons RecWise account guidelines oh how to categorize correct and incorrect accounts. Also the clear functionality of the reconciling items Review source Vendor Referred - Incentive Offered: This reviewer was invited by the software vendor to submit an honest review and offered a nominal incentive as a thank you. PJ Punitha J. Specialist Cash and Accounts Payable Oil & Energy ### "Honest Review from a Happy User" 4.0 Overall Rating 4.0 4.0 Ease of Use 3.0 3.0 Features 5.0 5.0 Customer Service 3.0 3.0 Likelihood to Recommend 8/10 August 17, 2021 It ease our reconciliation process and provides transparency on the reconciliation. Additionally, its a very user friendly tool. Pros The software is very user friendly and has a beautiful interface which gives a lot motivation to complete the work. It also provides various type of report which is quick to download and has good audit trail details. Cons Sometimes, The performance are quite slow. Too many functions and information to key in. Review source Vendor Referred - Incentive Offered: This reviewer was invited by the software vendor to submit an honest review and offered a nominal incentive as a thank you. Response from Vendor August 25, 2021 Thanks Punitha, perhaps raise these points with the RecWise Admin and we can look into the points raised. Performance currently may be impacted from you working from home or your ISP. I believe if you were in the office the performance would be far better. MA Muhammad Akmal A. Cash & Account Payables Analyst Mining & Metals ### "Recwise feedback" 4.0 Overall Rating 4.0 4.0 Ease of Use 4.0 4.0 Features 4.0 4.0 Customer Service 5.0 5.0 Likelihood to Recommend 8/10 August 17, 2021 Pros easy to do my reconciliation and make auditor able to refer it from there Cons i dont have the option to copy my reconciling item Review source Vendor Referred - Incentive Offered: This reviewer was invited by the software vendor to submit an honest review and offered a nominal incentive as a thank you. Response from Vendor August 25, 2021 RecItems are not copied as each RecItem is different in nature and context. Via the upload process you can easily create another similar RecItem as required. [View all Reviews](https://www.capterra.com/p/171454/RecWise/reviews/) ## Top-rated software of 2026 ### Fill out the form and we'll send a list of the top-rated software based on real user reviews directly to your inbox. 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