9 things to know about financial reconciliations

28 May 2015 at 07:33

Read up on the things spreadsheets won’t do for your financial reconciliations and why you need to automate them

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Osagie Alonge

4 THINGS SPREADSHEETS WON’T DO FOR YOUR FINANCIAL RECONCILIATIONS

1. Give you an Audit Trail

2. Offer a dynamic Resolution Centre

3. Ensure a consistent reconciliation process

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4. Integrate with ERP

5 REASONS TO AUTOMATE YOUR FINANCIAL RECONCILIATIONS

1. Human spreadsheet errors are costly and often lead to penalties

2. Labour hours are reduced by at least 70 per cent

3. You always stay light years ahead of fraud and theft

4. It’s consistent with your company’s forward thinking objective.

5. Money back on time saved

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Osagie Alonge