Wintrust Financial Centralizes Reconciliations for Time Savings and Productivity Gains

Wintrust Financials leveraged Frontier Reconciliation from Fiserv for a consolidated and streamlined reconciliation process resulting in new levels of productivity and transparency.

With Frontier Reconciliation, Wintrust Financial gained control over a reconciliation process that was costing excessive time and effort. The automated matching and account certification capabilities of Frontier Reconciliation simplified reconciliation and created a more effective auditing process. Wintrust was able to centralize journal entries and reconciliation, leading to a more efficient use of its staff and resources. 

 

Automated Matching

Watch the video to learn how the automated matching process in Frontier Reconciliation saved Wintrust Financial significant time and effort.

     

Matching used to take an individual or a team of individuals hours to do. It's now done seamlessly through the matching tool.

– Dana French, SVP, Finance Operations, Wintrust Financial

 

Account Certification

Watch the video to see how Wintrust Financial used the account certification module in Frontier Reconciliation for greater visibility and transparency into reconciliation controls and gained confidence in the data being used for certification.

     

Once a reconciliation is fully certified, it's locked down and it can't be changed anymore, and that really gives more peace of mind for our auditors and our regulators.

– Dana French, SVP, Finance Operations, Wintrust Financial

Once a reconciliation is fully certified, it's locked down and it can't be changed anymore, and that really gives more peace of mind for our auditors and our regulators.

– Dana French, SVP, Finance Operations, Wintrust Financial

  • Country
  • United States, Canada
  • Solution
  • Financial Control & Accounting
  • Industry
  • Banks, Credit Unions
  • Published
  • January 2020

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