High-volume reconciliations create significant challenges for accounting and finance departments.
The daily, weekly, or monthly matching of bank-to-book accounts, especially credit card transactions, is often a very manual, error-prone, time-consuming task. Regularly, reconciliations are delayed, which impacts visibility into financial performance while
also increasing the risk of write-offs. Additionally, business trends are challenging to identify without an automatic exception reporting system and clearly defined workflows. What’s more—these issues multiply exponentially as the company grows.
Download and read the resulting white paper for some perceptive and thought-provoking discoveries.