Triangulated Reconciliation – Keep all books updated, at all times
Keep bank and client books updated promptly and consistently. Identify posting discrepancies (internal client account vs in-house current account balances and client accounts payable vs accounts receivable)
Product features:
IHB (In-house bank) reconciliation tool
The Triangulated reconciliation tool is powered by 1 Fiori App that manages the following tasks
Triangulated reconciliations
- Overall status and balance per internal bank account
- Internal bank balance vs group level bank results
- Internal bank balance vs group level clients results
- Group level bank vs group level client results
- Discrepancies in the above