Case Study
Best practices in reconciliation 10 steps to greater productivity and performance
advent.com WHITEPAPER Best practices in reconciliation 10 steps to greater productivity and performance2 | Best practices in reconciliation: 10 steps to greater productivity and performance The secret success ingredient Reconciliation is an often overlooked and undervalued activity, seen as a mundane— albeit necessary—function best avoided. Done right, reconciliation is crucial to two of the most important determinants of your organization’s success: front-office performance and client satisfaction. Unfortunately, reconciliation at many firms remains a laborious, time-consuming and risk-laden process, where staff are forced to trawl through reams of spreadsheets and tick off every transaction manually. This approach is inefficient and unsustainable, severely limiting firms’