# TransactIG Reviews
**Vendor:** Terra Insight  
**Category:** [Financial Reconciliation Software](https://www.g2.com/categories/financial-reconciliation)  
**Average Rating:** 5.0/5.0  
**Total Reviews:** 1
## About TransactIG
TransactIG is a reconciliation infrastructure platform built for the complexity of Indian finance — TDS deductions, GSTR-2B mismatches, NACH batch credits, and multi-platform settlement variances that generic tools were never designed to handle. Finance teams at mid-market and enterprise companies spend weeks every quarter chasing mismatches across Form 26AS, purchase registers, bank statements, and payment gateway reports. TransactIG eliminates that by running structured matching logic against every combination your business creates — net-of-TDS invoices, partial payments, platform fee deductions, GST components — and surfacing only true exceptions that need human judgment. What TransactIG does: TDS Reconciliation — Match deductor-reported TDS in Form 26AS against your books at the section level (194C, 194J, 194H, 194Q, and more). Flag PAN mismatches, short deductions, and challan gaps before TRACES issues a demand notice. GST & ITC Reconciliation — Reconcile GSTR-2B against your purchase register, track ITC eligibility, and generate audit-ready exception reports for every return period. Platform Settlement Reconciliation — Match settlements from Razorpay, PayU, Amazon Pay, Flipkart, Zomato, Swiggy, and OTAs against your order records — including MDR deductions, TCS, returns, and chargebacks. NACH & Batch Matching — Reconcile bulk credit files against individual loan, payroll, or mandate records with configurable tolerance and return-code handling. Bank & Multi-Bank Reconciliation — Connect HDFC, ICICI, SBI, and other bank feeds. Handle narration patterns, UTR matching, and opening balance carry-forwards automatically. Why Indian finance teams choose TransactIG: India's compliance stack — TDS at source, input tax credit rules, NACH return codes, platform TCS — creates reconciliation edge cases that ERP modules and Excel cannot reliably handle. TransactIG was designed specifically for this environment, with matching logic that accounts for net-of-TDS amounts, GST-inclusive payments, and multi-deductor scenarios out of the box. Customers have moved from 51% automated match rates to 88% within 90 days of going live — cutting reconciliation cycles from 3 weeks to 3 days and eliminating the backlog that accumulates during quarterly TDS and GST filing windows. TransactIG is ISO 27001:2022 certified, deployed on Indian cloud infrastructure, and designed for finance teams that need audit trails, role-based access, and DPDP-compliant data handling. Best fit for: Finance controllers, CFOs, and tax heads at companies with ₹50 Cr+ annual revenue in NBFC, healthcare, IT services, e-commerce, logistics, or manufacturing — where reconciliation volume makes manual processes a liability.




## TransactIG Reviews
  ### 1. Handles the net-of-TDS matching problem that every other tool got wrong

**Rating:** 5.0/5.0 stars

**Reviewed by:** Rajesh P. | CFO, IT Services Company, Mid-Market (51-1000 emp.)

**Reviewed Date:** March 27, 2026

**What do you like best about TransactIG?**

IT services invoicing is messy — clients deduct TDS at 10% under 194J, some pay GST separately, some net it, some pay in tranches. Our previous reconciliation tool kept flagging every invoice as a mismatch because it couldn't handle net-of-TDS amounts. TransactIG handles this natively. It also reconciles our GSTR-2B against our purchase register automatically each month, which saves our GST team roughly 4 days per return period.

**What do you dislike about TransactIG?**

The reporting templates are functional but not very customisable out of the box. We asked for a specific board-level summary format and the team built it for us, but it would be better as a self-serve option.

**What problems is TransactIG solving and how is that benefiting you?**

ITC leakage and TDS demand notices. We recovered ₹8.2 lakhs in missed ITC in the first two months just from the GSTR-2B reconciliation surfacing invoices we hadn't claimed. The ROI paid for the platform in the first quarter.



- [View TransactIG pricing details and edition comparison](https://www.g2.com/products/transactig/reviews?section=pricing&secure%5Bexpires_at%5D=2026-05-18+13%3A40%3A33+-0500&secure%5Bsession_id%5D=52de550d-8e10-4c0c-839b-8be034b59bcf&secure%5Btoken%5D=304a1d4dcc76a38ea3244eae2e85114dc7e3931f18a67bbd1c7ac921c74c0ae7&format=llm_user)

## TransactIG Features
**Reconciliation - Financial Reconciliation**
- Automation
- Bank Statements
- Exceptions
- Algorithms

**Agentic AI - Accounting & Finance**
- Autonomous Task Execution

**Audit - Financial Reconciliation**
- Accuracy
- Compliance
- Reporting
- Audit Trail

**Integrations - Financial Reconciliation**
- Accounting
- Inventory
- ERP
- Banking

**User Permissions and Security - Financial Reconciliation**
- Access
- Authentication
- Encryption
- Regulations

**Agentic AI - Financial Reconciliation**
- Autonomous Task Execution

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