Reconciliations
ART’s account reconciliation module gets your month-end balance sheet reconciliations under control instantly. ART reduces your monthly reconciliation volume by up to 40% by applying predictive algorithms to the balance sheet. Each reconciliation is completed in standard reconciliation forms that are flexible, yet reflect leading practice recommendations and allow reconcilers to attach supporting documents electronically.
Managers can rely on automated scoring technology that makes approvals quick and accurate. Completed work is then securely locked down and archived. ART is a proven solution to eliminate paper, minimize administrative work and automate internal controls, all while simplifying the balance sheet reconciliation process.
ART’s Reconciliation Module Includes the Following Key Features
- Reconcile Accounts in Various Languages and Currencies
- System Reconcile Up to 40% of the Balance Sheet
- Standard Reconciliation Forms
- Electronic Document Attachment and Central Repository
- Review and Approval Workflow
- Transactional Matching Between Data Sets
- Personal Dashboards Available in Real Time
- Customizable Email Alerts
- Electronic Review Note Workflow
- Automated Quality Check for Each Reconciliation
- Time Stamp and Audit Trail
- and More
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