Many organizations rely on multiple systems to access the data required for monthly and quarterly accounting reconciliation. Some organizations still use a manual reconciliation process that relies on error-prone spreadsheets.

 

Our Solution

Frontier™ Reconciliation from Fiserv is a comprehensive, end-to-end account reconciliation and certification solution that handles all transaction types and financial instruments. This solution enables operational efficiency gains over manual processing of 60-80% and cuts the risk of errors resulting in financial loss in half.

 

Benefits

  • Helps to avoid restatement or correction of financial reporting
  • Reduces delay in the reporting of certified accounts
  • Gives complete and consistent information for auditors
  • Reduces deficiency findings during internal control audits
  • Ensures supporting information is accurate and delivered on time
  • Integrates with Fiserv core or Prologue™ Financials general ledger

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Terms and Conditions

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Resources

Truliant Federal Credit Union Case Study

Truliant Federal Credit Union was struggling with manual processes for reconciliation and wanted to reduce the risk involved with write-offs and unknowns. By selecting Frontier™ Reconciliation from Fiserv the credit union was able to quickly streamline and automate reconciliations.

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Frontier Reconciliation

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

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

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.

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Have a Question For Us?

For more information on Frontier Reconciliation and other Fiserv solutions, call us at 800-872-7882 or contact us.

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