Reconciler

Reconciler gives you:

• A flexible, easy-to-use way to automate any reconciliation task
• Clear visibility of the entire process to all stakeholders
• Ready availability of reconciliation assignments by account
• Automatic notifications to responsible parties for any innacuracies 
• Complete documentation of reported exceptions
• Fast reporting to financial management and internal audit

Automatic Reconciliation

Reconciler by Redwood increases the efficiency and speed of any reconciliation process you do while simultaneously reducing the risk for error. Reconciler is your key to streamlining and improving any reconciliation process--including GL accounts. You set up the rules and the facts to compare. Reconciler does the rest. For example, Reconciler can automatically compare bank statements to GL detail and alert you to any inconsistencies. Reconciler can also be set to highlight values exceeding a defined threshold within a single report.

Reconciler also archives the approval history for all reconciliations, making the audit trail and documentation available to auditors and users with appropriate security privileges--automatically. Users can easily enter notes about issues that occurred and corrective actions that took place during reconciliation, and retain these as part of the audit trail.

Find Out More Today

To find out how the Reconciler can provide real value to your business, contact a Redwood Software representative.