The reconciliations handbook
Reconciliations are a fundamental control mechanism for finance and accounting. Despite this, many firms across the financial services sector continue to rely on Excel spreadsheets to carry out this crucial process. The reconciliation process used to be relatively simple to conduct. And using Excel, a legacy point solution, or an in-house reconciliation tool to perform…
Account ownership and sign-off | ReKognize
ReKognize™ is our web delivered assurance and attestation product, built to ensure account ownership, drive accountability and give instant transparency over all accounts. Built upon the AutoRek suite, ReKognize™ is the first integrated attestation and reconciliation tool. This product presentation: Discusses the need for ownership and sign-off Debates why you should automate sign-off Introduces ReKognize™…
VanguARd – automated cash allocation
Many financial organisations continue to struggle with limited cash application or auto-cash processing functionalities provided by core accounting systems. This results in inefficient manual processes and increases the time to post cash, research exceptions and correct allocations. VanguARd™ is our automated cash allocation and cash application tool. It takes any format of remittance advice, relates…