Truliant Federal Credit Union Saves Time and Money by Automating Reconciliation
Truliant Federal Credit Union wanted to speed up the reconciliation process and reduce the risk involved with write-offs and unknowns. The credit union found the solution it wanted with Frontier™ Reconciliation from Fiserv.
The manual systems used by Truliant were slowing reconciliations. Write-offs of unknowns were common situations, creating risk and inefficiency in the process.
The credit union implemented Frontier Reconciliation, an automated reconciliation and certification solution that forms a complete account reconciliation picture to make exceptions instantly visible and reduce manual interventions.
Read the case to learn how Truliant Federal Credit Union leveraged Frontier Reconciliation to:
- Decrease the time to perform reconciliations by 89 to 93 percent, enabling fewer staff members doing reconciliations
- Triple the number of reconciliations completed in the same amount of time
- Reduce exceptions for some reconciliations by as much as 96 percent
