How Financial Reconciliation Can Not Be A Major Headache Anymore
The biggest complexities that arise with running a business involve the complexities in the financial reconciliation process. Business owners and accountants have to spend the last days of the month reconciling all of their statements, and this can easily take up days of their time, if not months. Data reconciliation is something companies cannot function without nowadays. Rarely can any business go ahead without interacting with a financial institution. There are a few different types of reconciliation processes that companies may have to undergo. Quite naturally, the entire process becomes very tedious, and after a point, the whole purpose of these statements becomes bleak.
Refine Search Results with Filter rules
If you work with disparate data within a common business context and need to increase the awareness and understanding of the data, you have probably already faced the challenge of how raw data can be refined based on complex rules involving processing of different data attributes.
Perform Bank Reconciliation with BitCurb Crunch rules
Bank reconciliations can be processed for small businesses and personal checking accounts and savings accounts, or for corporate accounting requirements.
The main two reasons for performing it are the fraud detection and annual audit for your business.
Read Report Data
Reporting takes essential part of every business process, streamlining the results and enhancing the data representation, supporting the taking of the effective decisions.
Reviewing the modern market reporting tools is outside the scope of this article, and we will only focus on what BitCurb provides in terms of reporting functionality.