Bank Reconciliation for Infor SunSystems provides a complete system for easily maintaining your current bank position. It is a flexible and powerful addition to your organisation’s financial management, allowing you to identify, track and resolve non-reconciled items at a glance. This highly automated process facilitates daily reconciliation, an important control over the business’ most important asset – cash. Bank Reconciliation provides for the import of electronic statements for multiple bank accounts, automated user defined matching criteria and creation of bank generated journals (e.g. bank fees, interest).
Benefits
- Eliminates manual tasks
- Improves data integrity
- Automation can make a monthly task a daily task
- Improved auditability
- Saves time and frustration
