Reconciliation

We're happy that you're interested in TradeTech's Reconciliation solution. For personalized tips of how your organization can boost efficiency, we recommend a brief meeting. Right now, in addition to new ideas, you will also get one month of Spotify Premium.

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Who needs a solution for reconciliation?

A tedious but necessary task, reconciliation processes exist in every business. Bank statements vs. accounting ledger, business units vs. head quarters or data from one system vs. another, just to mention a few.  TradeTech Consulting offers a simple solution with a fresh approach: a pre-packaged product that is flexible and intuitive.

Manual or automated process?

Manual reconciliation processes are still common, but the drawbacks are obvious: a non-standardized process is time-consuming and has a high risk of input errors. Discrepancies are handled inconsistently, and varying reporting needs are difficult to handle. There is also a single point of failure. An automated reconciliation process is usually preferable, but only if it offers flexibility. A standardized, one-size-fits-all solution can be rigid and lack efficient methods for dealing with exceptions. The modern, flexible solution TradeTech Reconciliation gets the job done, the way you want.

Highlights of TradeTech Reconciliation include:

•Intelligent & automatic matching
•Advanced reporting
•Customizable end-user interface
•Hierarchical delegation of trust
•SOX compliant
•Audit Trails
•Easy integration and set-up
•System-based handling of inconsistencies

More information about TradeTech's Bank Reconciliation solution here >>