Insight Series - Managed Reconciliation

Do you enjoy performing reconciliations? If not, consider this...

More and more firms are turning to a managed reconciliation provider to service their ever-growing needs. As the complexity of reconciliations grows and transaction volumes increase, the ability to future-proof operational needs with predictable costs becomes increasingly difficult.

However, there are some key questions you need to ask any potential suitor offering such a service:

  • Can you scale with my business?
  • How long (really) is time-to-market?
  • Data agnostic – what does this actually mean?
  • Will you still be left with the headache of sourcing the data
  • N-way reconciliations - what's the ugly truth?
  • What is the Proof of Concept process?

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