Regulatory requirements, and the risks associated with issuing incorrect financial statements, mean organizations must be able to demonstrate robust financial controls and have confidence in the accuracy of the entire balance sheet. Organizations equipped with the right exception management software and financial reconciliation capabilities can meet these challenges.

 

Our Solution

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. The solution supports all account and transaction types, is fully multi-currency enabled, and provides financial control through automation of the account and balance sheet reconciliation process.

 

Benefits of Our Exception Management Software

As financial reconciliation and exception management software, Frontier Reconciliation employs a powerful state-based processing engine that uses configurable rules to check large quantities of financial data for accuracy against anticipated results. Users can expect the following benefits from Frontier Reconciliation:

  • Significant increase in productivity by automating this process; operational efficiency can increase by 60-80 percent, enabling employees to focus on high-value tasks such as exception resolution
  • Reduced risk through automated financial reconciliation processes, cutting in half the risk of errors resulting in financial loss and providing staff with a clear path to resolution
  • Integration with other core platforms and Prologue™ Financials or other GL
  • Increased compliance by providing a clear audit trail of actions taken throughout the financial reconciliation and exception management process, reducing write-offs by 75 percent

Terms and Conditions

close

Resources

Resource

Frontier Reconciliation: Reconciliation and Exception Management in a SaaS Environment

With Frontier™ Reconciliation from Fiserv, forward-looking organizations can maximize operational efficiency and strengthen financial controls in a SaaS environment.

Read the brochure

Resource

Frontier Reconciliation

Frontier™ Reconciliation from Fiserv takes an enterprise approach to reconciliation and exception management, creating an optimal environment for effective risk management, and unprecedented control and cost efficiency.

Read the brochure

Resource

Building the Business Case for Streamlining Reconciliation

Many organizations still rely on multiple systems to perform critical accounting reconciliation. This approach produces costly manual intervention to resolve exceptions and makes it nearly impossible to achieve the single version of the truth.

Read the paper

Resource

Community Bank Realizes Cost and Time Savings Through Automated Reconciliation Software from Fiserv

After years of manual reconciliations, Community Bank was ready to move to an automated system. A thorough search suggested that Frontier™ Reconciliation from Fiserv would provide an excellent return on investment.

Learn more

Have a question for us?

For more information on Frontier Reconciliation & Exception Management, complete the short form below.

For information about other solutions or issues, use the Contact Us Page.