TransactIG
Reconciliation infrastructure by Terra Insight Pvt. Ltd.
A configurable, multi-pass reconciliation engine built for the structural complexity of Indian financial operations — TDS deductions, GST matching, platform settlement lag, NACH batch aggregation, and 24+ industry-specific presets.
How TransactIG works
Three stages, fully automated. ERP data in — matched reconciliation ledger out.
Ingest source data
TransactIG pulls transaction records from your ERP (invoices, payments, ledger entries) and bank/platform data (statements, settlement reports, NACH files) through scheduled connectors.
Execute matching pipeline
The configurable matching engine runs passes in order: exact match on reference numbers, then tolerance-based match on amounts, then many-to-many aggregation for batch credits. Unmatched items move to variance classification.
Classify and report
Every matched and unmatched transaction is classified, tagged, and surfaced in the reconciliation dashboard. Audit logs capture every rule decision. ERP writeback marks cleared items automatically.
Core capabilities
TransactIG is built around four technical foundations that generic reconciliation tools lack.
Multi-pass matching engine
Configurable matching pipeline — exact match, tolerance-based match, and many-to-many aggregation — executed in sequence until every transaction is resolved or flagged.
Indian tax intelligence
Built-in TDS rate tables (Section 194C, 194J, 194H, 194I, 194Q), GST reconciliation against GSTR-2A/2B, and TCS handling. No manual rate configuration.
Variance taxonomy
Every unmatched variance is classified — TDS deduction, commission, settlement lag, rounding, duplication, or unidentified — enabling root-cause analysis rather than a raw exception dump.
24+ industry presets
Each industry preset encodes transaction types, matching rules, tolerance thresholds, and variance categories specific to that vertical. Healthcare differs from logistics. Staffing differs from NBFC.
ERP and bank integration
Pre-built connectors for SAP, Oracle, Tally, Busy, and major Indian banks (HDFC, ICICI, SBI, Axis). Scheduled ingestion via SFTP, S3, or direct API. CSV and XLSX ingestion as fallback.
Audit trail and reporting
Every match decision — including the rule that triggered it, the matched values, and the variance amount — is logged, queryable, and exportable. Designed for statutory audits and internal controls.
Flexible deployment — India first
All TransactIG deployments are hosted in India on AWS Mumbai region. Data residency is guaranteed — your financial data never leaves Indian jurisdiction. Terra Insight is ISO 27001:2022 certified.
24+ industry presets
TransactIG ships with pre-configured matching rules and variance taxonomies for 24+ Indian industry verticals.
Ready to see TransactIG in action?
Terra Insight will run a live reconciliation walkthrough using data from your industry vertical. No slide decks — just your actual workflow.