Extr@i's diverse functionality includes the tools to reconcile an area's or company's original transactions against transactions shown on a "Statement".

Extr@i can use information from multiple systems, (and any other additional user defined information, not contained in any of the existing systems) to produce a document (eg. invoice to the client, direct debit request to the client's bank, work order, etc).

Extr@i then records these outputs in its database. In the case of electronically generated transactions (eg. direct debit, etc) Extr@i produces a "virtual document". Regardless of the output format, Extr@i retains a full record of the transaction.

At the end of the transaction cycle, a "Statement" is received showing how original transactions were processed or managed. Extr@i electronically imports the "Statement" of transactions and then automatically cross-references each transaction against the existing transaction records held in the Extr@i database.

When the two records are matched they are automatically marked as reconciled and the information automatically passed back to the area or company's internal systems.

If there is a discrepancy between the original transaction and later in its life cycle, it is highlighted as being non-reconcilable.
Some transactions that do not have a corresponding record held in Extr@i can be anticipated, knowing in advance that they will be on the "Statement". These transactions can be used to update the area or company's internal systems.