Integrated module for Proofing, Reconciliation & Accounting
In large financial Institutions considerable time is spent by the F & A & Operations units in reconciling transactions between various books, different systems & databases, third party ledgers, accounts across geographies & what not!
Add to this- Statutory Misreporting/wrong reporting by CFOs due to wrong reconciliations & the quantum of value in unreconciled accounts & Voila! You have a heady concoction of operational inefficiency, hrs/days/years of transaction time spent on reconciliations & big risks, often swept under the carpet!
With IMPACT, throw away your risks to the wind! Migrate to our Rule Engine driven Integrated module for proofing accounting & Reconciliation.
Conventional Recon is spreadsheet based, Cumbersome & Time consuming, Error & Fraud prone & Incapable of handling high volumes
Our Technology driven Rule Engine dramatically reduces the time & resources required for enterprise companies to do proofing & reconciliations & they can go back to their core operational or finance functions.
IMPACT is a cloud-based solution which means you can get up and running in less than a day with zero implementation costs.
IMPACT specializes in high risk, high volume, difficult and complex reconciliations requiring precision accuracy and speed.