BANK RECONCILIATION

Bank Reconciliation for Infor SunSystems provides a complete system for easily maintaining your current bank position. It is a flexible and powerful addition to your organisation’s financial management, allowing you to identify, track and resolve non-reconciled items at a glance. This highly automated process facilitates daily reconciliation, an important control over the business’ most important asset – cash. Bank Reconciliation provides for the import of electronic statements for multiple bank accounts, automated user defined matching criteria and creation of bank generated journals (e.g. bank fees, interest).

Benefits

​

• Eliminates manual tasks

• Improves data integrity

• Automation can make a monthly task a daily task

• Improved auditability

• Saves time and frustration