Case Study

IberiaBank Cuts Reconciliation Time from Hours to Minutes with Datawatch

IberiaBank Cuts Reconciliation Time from Hours to Minutes with Datawatch

2h 30m IBERIABANK "On one account, we were able to cut the reconciliation time from 2 hours to 2 1/2 minutes. This frees up time to analyze the results and rectify any outstanding issues more quickly. ” Denny Pagnelli, Controller Background For more than 125 years IBERIABANK (the Bank), headquartered in Lafayette, Louisiana, has focused on financial growth and a commitment to the community. Today, this established Bank delivers comprehensive financial services to it clients through retail, commercial, business banking, private banking and mortgage lending. With a growing footprint across the southeast U.S., including Georgia and Texas, IBERIABANK manages approximately 20 billion dollars in assets. Challenge The Bank’s general ledger accounts must be reconciled. While some

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