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Bank statements can be automatically matched against the cash ledger, leaving only the exceptions to be investigated by staff. From financial statement analysis to bank reconciliations, the range of functions you can automate is diverse. What Financial Reporting Functions Can You Automate?
Reconciliation software is a specialized application that automates and streamlines the financial closingprocess for businesses. Acting as a centralized platform, it retrieves data from the general ledger and compares it with bank statements and invoices, facilitating accurate and swift account reconciliation.
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