|
If you have data which is being compared manually our software can be used to automate these processes
Our Control Workbench reconciliation software can replace your manual data comparison processes with a fully automated process.
These automated facilities enable you to easily detect and report on data consistency issues and streamline the overall management of your data correction processes.
The software can be used for any type of data and can reconcile data across any number of systems simultaneously.
Automating these processes will
- Reduce the manual effort required to check your data
- Minimize processing errors caused by inaccurate data
- Provide a more effective process for communicating and correcting data related issues
Automated reconciliation process
Using our software your manual processes are replaced with the automated process below
Automation of your reconciliation processes can be completed in under one week
With our configurable reconciliation software the automation of your reconciliation processes can generally be completed in a week or less.
Reconciliation reference areas
While reconciliation requirements exist across many different parts of most organizations and our software can be configured for any of these potential reconciliation scenarios some areas where we have seen a high level of interest in reconciliation automation are listed below:
| Industry |
Reconciliation Type |
| All |
Benefits Reconciliation |
| All |
Payments Reconciliation |
| All |
General Ledger Reconciliation |
| Financial |
Profit & Loss Reconciliation |
| Financial |
Position Reconciliation |
| Financial |
Reference Data Reconciliation |
| Hedge Fund |
Prime Broker Reconciliation |
|