Case Study

Best practices in reconciliation 10 steps to greater productivity and performance

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’

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