Why automate reconciliation: Build your case now for 2021
Reconciliation processes are often manual or semi-automated in nature. In a recent poll conducted by Fiserv, 62.5% of the respondents indicated that they have a partially automated process for reconciliation and 12.5% shared that their process is completely manual.
This essentially means there is manual intervention in the way reconciliation and certification processes are completed for many financial institutions which can often lead to inconsistencies, lack of control, lack of audit trail and write offs. Join the Fiserv webinar where we'll discuss:
· The importance of an integrated approach to reconciliation and certification
· How you can generate efficiencies in the short term and plan for future growth by automating reconciliation
· The need for visibility into the transaction-level detail and audit trail