eBook

Ensuring Greater Speed, Accuracy & Security Across the Bank Reconciliation Process

A traditionally time-consuming exercise, the end-to-end bank reconciliation process requires heavy IT involvement on the front-end and manual review of large transactional volumes by accounting teams throughout the period. The rise of cryptocurrencies, social media, and open banking has changed the landscape for financial service companies, creating new opportunities to generate and transfer wealth. The new landscape means finance executives must redefine their markets and transform business models to drive revenues and capture greater addressable markets.