Exception Management With Frontier Reconciliation

Regulatory requirements and the risks of issuing incorrect financial statements mean organizations must have confidence in the accuracy of the balance sheet. Frontier Reconciliation from Fiserv equips organizations with the right exception management software and financial reconciliation capabilities to meet these challenges.

Exception Management With More Visibility and Less Risk

Frontier™ Reconciliation from Fiserv provides a powerful state-based processing engine that uses configurable rules to check large quantities of financial data for accuracy against anticipated results. It forms a complete account reconciliation picture across the enterprise that makes exceptions instantly visible and reduces manual interventions.

  

Users can expect these kinds of benefits from our exception management solutions:

  

60-80%

Improved Operational Efficiency

Significant increase in productivity by automating reconciliation, enabling associates to focus on high-value tasks such as exception resolution.

50%

Reduced Risk of Errors

Automated financial reconciliation processes provide staff with a clear path to resolution.

75%

Reduction in Write-Offs

Increase compliance by providing a clear audit trail of actions taken throughout the reconciliation and exception management process.

* Based on analysis of Frontier Reconciliation user experiences

  

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