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Unaffected by whether the companies with whom reconciliation is to be performed are e-Reconciliation users or not, e-Reconciliation enables the automated delivery of e-mails, and the online tracking of approval and rejection responses via the Reconciliation Portal.
The e-Reconciliation solution enables enterprises’ resources to be used more efficiently by reducing time wastage in reconciliation processes.
Completed and approved reconciliations can be checked via the e-Reconciliation Portal. All past reconciliations can also be accessed through the portal where required. Thus, the reconciliation application saves time, while processes are optimized.
By logging in with a user name and password, the e-Reconciliation Portal allows users to check the stage of the process online. Thanks to detailed reporting, information on whether the sent letters of reconciliation are actually received by the counterparty can be obtained easily and in real-time.
Data that is maintained in Microsoft Excel can be easily transferred to the e-Reconciliation Portal. The transfer of Excel data can also be performed instantly on the web without the need for any programs. In addition, data can easily be transferred to the e-Reconciliation Portal from the ERP system.
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