Bank reconciliation

There is no escaping this tedious task, but there are short-cuts. Manual reconciliation processes are still common, but the draw-backs are obvious: a non-standardized process is tedious and time-consuming with a high risk of input errors. Discrepancies are handled inconsistently, and varying reporting needs are difficult to handle. There is also a single point of failure. An automated reconciliation process is usually preferable, but only if it offers flexibility. A standardized, one-size-fits-all solution can be rigid with no way to deal with exceptions. The modern, flexible solution TradeTech Reconciliation gets the job done, the way you want.

Highlights include:

• Intelligent & automatic matching
• Advanced reporting
• Customizable end-user interface
• Hierarchical delegation of trust
• SOX compliant
• Audit Trails
• Easy integration and set-up
• System-based handling of inconsistencies

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