Singapore-Based Digital Bank Implements Gresham's Clareti Control for Cash Reconciliation
Streamlining Cash Reconciliation for Operational Efficiency
In a bid to enhance operational efficiency and automate cash reconciliations, a Singapore-based digital bank conducted an extensive search for a reconciliation tool. After careful evaluation, the bank chose Gresham's Clareti Control for Payments, Nostros, and Finance reconciliations. The selection was based on the tool's ease of use and fast time to market. The implementation was carried out by Gresham's APAC professional services team, in collaboration with key bank staff within the project team.
Leveraging Cloud-based Automation with Gresham's CaaS
With the successful implementation of Gresham's Clareti Control, the digital bank is now live on the system and plans to expand its usage for all control automation use cases across the organization. To achieve this, the bank is leveraging Gresham's Clareti as a Service (CaaS) offering on the cloud. By adopting Gresham's CaaS, the bank can automate all necessary operational and finance controls without the need for extensive hardware investments. The cloud-based infrastructure provides scalability, flexibility, and security, enabling the bank to streamline their reconciliation processes efficiently.
By adopting Gresham's Clareti Control, the Singapore-based digital bank aims to enhance operational efficiency and reduce manual efforts associated with cash reconciliations. The reconciliation tool provides a comprehensive solution for monitoring and managing payments, nostros, and finance-related reconciliations. It enables real-time visibility into cash positions and automates the matching, exception handling, and reporting processes.
Enhancing Operational Efficiency: Streamlining Cash Reconciliation for Operational Efficiency
The digital bank's decision to implement Gresham's Clareti Control stems from its commitment to achieving operational efficiency. By streamlining cash reconciliations, the bank aims to reduce manual efforts and improve accuracy in their reconciliation processes. The comprehensive solution provided by Clareti Control allows the bank to monitor and manage payments, nostros, and finance-related reconciliations effectively. Real-time visibility, automated matching, and exception handling contribute to a more efficient and streamlined workflow.
Maximizing Efficiency with Gresham's CaaS
To automate control processes across the organization, the digital bank is leveraging Gresham's Clareti as a Service (CaaS) offering on the cloud. This strategic move allows the bank to automate all necessary operational and finance controls without the need for significant hardware investments. The cloud-based infrastructure provided by Gresham's CaaS ensures scalability, flexibility, and security. By utilizing the cloud, the bank can efficiently expand the usage of Clareti Control, optimize resource allocation, and focus on delivering innovative digital banking solutions.