Payments pour into financial institutions from seemingly everywhere – and every penny that comes in or goes out must be tracked and reconciled. As person-to-person (P2P) payments such as Zelle® continue to rise, reconciliation has become even more important to manage. Fortunately, automation can create greater efficiencies, stronger internal controls and better visibility.
In this Fiserv-sponsored webinar, finance experts use real-life examples to show how automation has helped financial institutions to:
- Reduce errors, write-offs and the time it takes to reconcile
- Enhance exception management, lowering the risk of financial exposure
- Reconcile a large volume of transactions with a high match rate
