Solution Set

FrontierTM Reconciliation

Improve operational efficiency and mitigate risk with enterprise reconciliation and certification

AUTOMATED ACCOUNT RECONCILIATION

Back-office solutions to drive growth and efficiency


Move from slow, error-prone manual processes to powerful automated reconciliation and certification.

  • Minimize the risk of financial misstatement with transaction-level matching – on one-to-one, one-to-many and many-to-many levels

  • Easily implement detailed audit control processes and full separation of duties to meet strict audit practices.

  • Frontier Reconciliation from Fiserv works seamlessly with all core platforms as well as general ledger solutions including Prologue™ Financials from Fiserv.

  • Pull in data from virtually any source and in any of the most commonly used formats to identify and resolve exceptions with speed and accuracy.

Minimizing the need for manual interventions during reconciliation can help organizations achieve major efficiency improvements and lower operational costs.

75%

reduction in write-offs

60-80%

increase in productivity and efficiency

95%

transaction match rate

SOLUTIONS IN USE

See what Frontier Reconciliation can do for your business

Improve operational efficiency

Manage financial controls

Mitigate risk

Business accounting concept, business man using calculator with computer laptop, budget and loan paper in office.

Drive your back office forward


Many organizations still use manual processes throughout reconciliation, creating more chances for costly mistakes, major inefficiencies and potential risk. Automated reconciliation makes is easier and more efficient to manage critical, labor-intensive, back-office functions, for virtually every type of transaction.

  • Takes an enterprise approach to bank reconciliation and exception management for effective risk management, unprecedented data visibility and operational efficiency

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  • Address increased scrutiny and regulatory oversight with more effective reconciliation controls.

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  • Take control of your financial health and enable end-to-end account reconciliation and certification across your health care organization.

Learn more from client stories

 

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Contact us to find out more