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GLAssistTool for GL Reconciliation

GLAssist is a tool to identify, track and manage GL mismatches for resolution. A GL mismatch at close of business is a pain point for Financial Accounting department in the banks. Identifying the root cause of a mismatch is a daunting task for the accountants and GLAssist helps them by making information available ‘Ready for Analysis’.

 

» Narrow down the contract/account with problem
» Collate relevant details – balances, entries, contract
» /account details
» Queries for verification
» Track and monitor progress of resolution

 

With the relevant details from the analysis, the bank can resolve these in a faster manner and achieve proper compliance and reduce risks.