Accounts Reconciliation made easy, Automatically
Automate reconciliation process
Integrate financial data from all ERP systems
Eliminate accounts posing risk
There’s no surer way to check financial statement errors and fraud than timely Account Reconciliation. But there is a better way to go about it.
Constellation Account Reconciliation Management saves you the time, effort, and probability of human error that come with conventional manual processes. Using Oracle’s Account Reconciliation on the cloud, we build bespoke solutions to automate all the steps in your process.
The system is programmed to pull in financial data from all sources: ERP systems, bank files or statements, credit card processors, and merchant services, and store it in one centralized online system. It then auto-compares account balances between all the sources and identifies mismatches
This frees your accounting staff from the time and tedium of manual checking and allows them to focus on the more critical task of resolving discrepancies.
- Automated review and approval workflows with proper segregation of duties
- Reconciliation templates and checklists to standardize processes
- Integrated storage of supporting documentation for easy review and audit
- Links to applicable policies and procedures for easy reference
Oracle Account Reconciliation streamlines your close and helps you manage the process through tools like real-time dashboards that provide on-the-ground financial information. Customizable analytics give you the insight needed to understand trends, improve security, manage risk better, and get more from your IT resources.