Reconciliation Software Implementation Client needed assistance with unresolved issues with reconciliation software. Challenges y Implementation of reconciliation software did not meet Client’s objectives and added inefficiencies to the reconciliation processes y Management was over-burdened with signing- off on completed reconciliations, delaying close process y Numerous reconciliation templates located in multiple support documents created further inefficiencies y Reconciliations performed by a small accounting team and not by personnel primarily responsible for processes being reconciled Solutions y Revised account descriptions for the balance sheet accounts for their corporate entity, including: nature of the account (what transactions flow through), if its system gen

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