About this event
The Account reconciliation process typically requires extensive, repetitive manual work, which can often create bottlenecks throughout the broader Record to Report Process for many stakeholders. In addition to the reconcilers themselves, these include financial controllers, shared service centre managers, business partners, and internal and external auditors.
It is commonly estimated that around 50% to 60% of a company’s accounts do not change on a monthly basis. Some may only change on a quarterly, semi-annual or annual basis. There is huge potential, therefore, in utilising a solution that provides automation rules for the account reconciliation process, which systematically analyse all the accounts in your ERP system and automatically reconciles them when there is no activity.
In this webinar, we will be explaining and demonstrating powerful account reconciliation automation features. Aico Account Reconciliation supports a variety of automation rules that can drive both efficiency and control over the process such as:
A qualified Accountant with a passion for implementing intelligent solutions to streamline financial processes, mitigate risk and increase compliance. Having worked in the R2R arena for several years at both Trintech and now Aico, I have valuable experience in Financial Close Automation Solutions.
We help simplify financial close and record-to-report (R2R) accounting processes. The result is less manual work and faster period-end financial reporting with the assurance of compliance and data accuracy.
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