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Reconciliation

Many organizations rely on disparate systems and manual processes to complete ongoing account reconciliation and daily transactional matching. By automating reconciliation from start to finish, AccurateTM Reconciliation from Fiserv reduces the risk of error and enables operational efficiency gains.

Accurate Reconciliation is a comprehensive, end-to-end account reconciliation and certification solution that handles all transaction types and financial instruments. The solution integrates both transaction and balance-level data and automates the entire reconciliation process from data acquisition and matching through period-end approvals and reviews.

Explore Our Reconciliation Solution

     

Accurate Reconciliation

Find out how Accurate Reconciliation can help your organization improve accuracy and operational efficiency. Key benefits include:

  • Real-time control and visibility: Standardised processes give transparency and drive visibility across asset types leading to a more accurate source of records
  • Reduce errors: Automation of the reconciliation process leads to 50 percent less errors and reduction in costly restatements
  • Increase efficiency and productivity: Helps reduce financial close time 
  • Maximize resources: Automation of processes reduces repetitive tasks, optimizing resources and enabling employees to focus on value-added functions

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SWIFT Accreditation

Transaction matching, reconciliation and exception management solutions from Fiserv have been accredited with the 2019 SWIFT Certified Application for Reconciliation. 

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Automated Reconciliation Is a Stepping Stone to the Digital Financial Future

Learn how digital transformation and automated reconciliation can lead to stronger compliance, decreased costs and enhanced efficiency.

 

     

Blog Post

Keeping Up With Reconciliations in a World of Real-Time Transactions

As the volume of transactions grows, automated reconciliation can give financial institutions the flexibility and efficiency they need.

White Paper

The Role of Automated Reconciliation in Fighting Internal Fraud

See what a recent study found about reconciliation and internal fraud, and learn which detection methods work best. 

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