|
Our data reconciliation software provides you with a fully automated workflow which enables you to quickly discover and easily manage the inconsistencies in your data with minimal manual intervention.
WORKFLOW HIGHLIGHTS
The product provides and extensive set of functionality but some highlights of the facilities provided include:
- Automated processing of data for reconciliation
- Advanced features for manually reviewing and adjusting reconciliation results
- Automated features for exporting reconciliation results
- Automated report creation and distribution functionality
- Reviewer approver functionality for managing reconciliation signoff process
WORKFLOW DETAILS - DATA READER PROCESSES
Data reader processes are configured by you in the reconciliation server and are responsible for processing data for reconciliation from your different source systems as it becomes available. The processes run continuously on the server in the background and automatically pickup and process your data in real-time with no manual intervention.
WORKFLOW DETAILS - MATCHING & RECONCILIATION PROCESSES
Matching and reconciliation processes are created automatically in the reconciliation server as you create your individual reconciliations. These processes run in the background continuously processing data as it is loaded from the different data reader processes.
MATCHING
Matching processes are responsible for taking the data records from different sources for the individual reconciliations and matching these records into groups based on the individual reconciliation’s match rules.
RECONCILIATION
Reconciliation processes are responsible comparing the data elements of records which have been matched together. The details of what data elements are compared and how the comparison process behaves for an individual reconciliation is based on the comparison points and comparison properties defined in the reconciliation rules.
WORKFLOW DETAILS – MANUAL REVIEW & ADJUSTMENT OF RESULTS
The application’s reconciliation review facilities provide a comprehensive set of features allowing you to easily review and adjust your reconciliation results. Some of the features available within this screen are described below:
- Ability to review data by date or date range
- Ability to sort or filter data by any column in the reconciliation
- Ability to manually match and un-match items
- Ability to force reconcile items
- Ability to add notes to any item with a manual action applied to it
|