Large Community Bank Automates Reconciliation to Drive Efficiency and Growth With Frontier Reconciliation

A community bank in the southern central U.S. found its manual method of reconciliation time consuming, error prone and inefficient. Using Frontierâ„¢ Reconciliation from Fiserv, the bank reduced reconciliation times and better manages its process.

Faced with a resource-intensive reconciliation process, an expanding community bank that grew from $55 million to $760 million in under three years had difficulty meeting reconciliation times, which impacted their financial close.

This case study provides a detailed insight into how the bank transformed its manual reconciliation process and kept up with its goal of going digital.

  • Country
  • International, United States
  • Solution
  • Financial Control & Accounting
  • Industry
  • Banks, Credit Unions
  • Published
  • August 2018

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