CFOs and controllers are under increasing regulatory and business pressure to report financials faster and with more accuracy than ever before. Yet manual accounting persist, even in the largest financial services companies. This is compounded by multiple systems as a result of acquisitions. Fiserv helps resolve these disconnect.
Our SolutionPrologue™ Financials from Fiserv, a general ledger software solution for medium to large financial services institutions, automates and streamlines financial accounting processes. The system integrates with Frontier™ Reconciliation to further streamline the process. Prologue Financials users have reduced the effort required to perform routine daily functions by up to 90%, shortened month-end close time by up to 70%, and reduced AP invoice processing costs by up to $10 per invoice.
- Real-time account processing, instant correction and automatic journal entry reversals
- The ability to create user-defined financial reports
- Detailed audit trails and advanced analytics
- Expanded data mart
- Management dashboards
- Automated FinCEN e-Filing