Fiserv Frontier Reconciliation vs LucaNet comparison

Even with strict regulations for accurate and compliant financial reporting, many organizations still use manual or semi-automated processes for reconciliation and certification. Such processes can result in errors, operational inefficiency and lack of visibility into the numbers during certification.

That’s why organizations turn to FrontierTM Reconciliation from Fiserv. Automated reconciliation can have a significant effect on the bottom line while also reducing risk.

How Does Account Reconciliation Software Help You?
A comprehensive end-to-end reconciliation and certification solution, Frontier Reconciliation forms a complete account reconciliation picture across your enterprise that makes exceptions instantly visible and reduces manual interventions. Workflows fully automate labor-intensive processes and ensure compliance with corporate and regulatory controls.

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But reducing errors and write-offs is only part of the picture. By minimizing the need for manual research or interventions during the reconciliation process, organizations can achieve major efficiency improvements and lower operational costs while enabling staff to perform more value-added work.

Place your trust in software that is not beholden to a particular industry but rather covers all aspects of business planning. Say goodbye to traditional planning systems that are based mainly on Excel spreadsheets and non-standardized data, and lay the foundations for professional financial controlling that includes transparent budget planning and integrated financial planning.

LucaNet’s planning software earned top rankings in BARC The Planning Survey and particularly impressed judges in the categories of data transfer, user friendliness, and performance categories. Because it’s based on a standardized system, LucaNet puts you in a position to automate your budget and financial planning processes and manage these in a flexible way.