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.
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.
ReconArt is a single-solution technology company providing a modern, enterprise-class, fully web-based reconciliation platform to a diverse, global client base of all industries and sizes. With our headquarters in the United States and offices in Europe, we provide solutions to the market since 2011.
ReconArt’s integrated functionality supports all aspects of the reconciliation lifecycle based on industry best practices, regulatory standards, trends, and compliance mechanisms. Our client community is our greatest asset and we are very proud of our diverse Customer & Industry Profile. We continue to expand our footprint while ensuring full customer success by reinvesting into our core software product and learning from customer’s experiences and challenges in the reconciliation space.
Fiserv Frontier Reconciliation is ranked 14th in Financial Close Software while ReconArt is ranked 18th in Financial Close Software. Fiserv Frontier Reconciliation is rated 0.0, while ReconArt is rated 0.0. On the other hand, Fiserv Frontier Reconciliation is most compared with BlackLine and Fiserv Accurate Reconciliation, whereas ReconArt is most compared with Fiserv Accurate Reconciliation and BlackLine.
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