Account Reconciliation
62 blogs found
General Ledger Reconciliation: Simplified from Start to Finish
The general ledger reconciliation process can be one of the most complicated processes of the financial close and is often...
Read MoreRevolutionizing Reconciliations: How Workday and Trintech’s Strategic Alliance Is Changing the Game
Accounting teams face increasing pressure to close the books faster while driving business strategy and growth, yet they’re often hindered...
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What is Financial Reconciliation?
Financial reconciliation involves comparing two different data sets to verify the integrity and accuracy of the data contained therein. Financial...
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The Illusion of Gartner’s Magic Quadrant for Financial Close and Consolidation
Consistency Does Matter. Three quick takeaways: I worked with Gartner since 1997 across four different technology vendors. I respect Gartner’s...
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McDonald’s Japan Boosts Digital Transformation Journey with Trintech
To simplify and expedite its financial close process, the Asia-based fast-food company has implemented Trintech’s software solution. McDonald’s Japan, which...
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Cadency Tip of the Month: Bulk vs Dynamic Account Maintenance
The implementation of Cadency is the first step in improving your processes, but full utilization of its capabilities is what...
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Preparing for the Future of Finance: Automation in the Financial Services Industry
The financial services industry, including institutions like yours, faces great potential for growth: in 2020, total global wealth surpassed $400...
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How Automated Financial Close Management Can Help Credit Unions Grow Memberships
With a recent study finding that the national median of membership growth to credit unions over a 12-month period has...
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The Risks of Manual Account Reconciliations in the Banking Industry
Risk management in the banking industry is constantly evolving; the continuous updates and regulations that emerge over just a short...
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Solving the Manufacturing Industry’s Top 3 Financial Close Challenges
The manufacturing industry has always been forward-thinking in their approach to adopting new technology. From the introduction of Henry Ford’s...
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Financial Controllers Need to Have a Dual Focus on Balance Sheet Integrity and Seamless Automation
Bill Marchionni, Account-to-Report Advisory Global Program Leader, The Hackett Group Stephen Ferguson, Account-to-Report Advisory, EMEA Program Leader, The Hackett Group...
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Reconciling Balance Sheet Accounts with Cadency® AI Risk Rating for Transactions
Organizations with large amounts of transactional data are in a challenging position to reconcile balance sheet accounts and transactions quickly...
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