Why Balance Sheet Reconciliation Is Inefficient and Error-Prone

An explanation of the ways finance automation can reduce manual effort and deliver a faster and more accurate financial close

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Eliminate the Manual Balance Sheet Reconciliation Burden

Learn how finance automation can reconcile and certify transactions and balances automatically, identify and report discrepancies for investigation, improve accuracy and eliminate fraud.

3 Steps to Automate Reconciliations for a Faster Close

  • Automate reconciliation with rules-based auto-certification at the balance level
  • Improve visibility and identify bottlenecks with fully auditable automation
  • Reduce the work of manual preparers by 70%

Many of our reconciliation processes were transformed, from tasks that took several hours to automated activities that now take just minutes. This is a significant saving for our company.

Brian Thomsen, Finance Director, Arla Foods