While exceptions account for only a fraction of total transactions, they often take up the majority of back-office time and expense in reconciliation. This manual, arduous process of exception handling is inconsistent – relying on email exchanges, spreadsheets, even sticky notes – and can lead to costly errors and increased risk.
Frontier™ Reconciliation: Workflow Manager from Fiserv is a fully integrated workflow and case management solution that provides approval workflow capabilities for exception management.
With Frontier Reconciliation: Workflow Manager, you can automatically identify, route and resolve exceptions for a faster close and move your organization from a manual control process to an automated exceptions management platform.
Frontier Reconciliation: Workflow Manager automatically identifies, prioritizes and assesses problems to resolve reconciliation exceptions, trade breaks, customer inquiries and process failures, then routes and resolves exceptions according to your organization's best practices.
Cut Down on Errors
Enable Your People
Enhance Internal Controls
Frontier Reconciliation: Workflow Manager is an essential part of a comprehensive automated account reconciliation solution that tightly integrates with Frontier Reconciliation from Fiserv to fully automate labor-intensive exception-management processes. Together these solutions work to minimize the risk of financial misstatement with transaction-level matching and full audit trail capabilities, and ensure compliance with corporate and regulatory controls.
See how Frontier Reconciliation: Workflow Manager can automate your exception management processes for greater efficiency and speed.
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