Let's face it. One of the most disliked and resource-intensive responsibilities for accounting teams is bank reconciliations.
Depending on the size of the organization, this means dumping hundreds, thousands, and sometimes tens-of-thousands of transactions into spreadsheets, and meticulously combing through the rows to confirm the validity of data that could be – and should be easier to find. It's clear there must be a better way, especially if your team is using Oracle NetSuite.
Download this Whitepaper to learn more about:
- NetSuite's rules-based transaction matching capabilities
- How complementary technology can assist with reducing the time required to complete manual tasks
- How FloQast AutoRec can ameliorate the resource-draining chore of ongoing bank transaction matching