bank reconciliation - simplifying complex bank transactions

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Increase your profitability and competitiveness by real-time reconciliation 1 17/06/2022

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Page 1: Bank Reconciliation - Simplifying Complex Bank Transactions

Increase your profitability and competitiveness by real-time reconciliation

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Global Scenario

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Approx. 10 % of BFSI is enjoying 80% of reconciliation cost reduction through automated solutions

40 % are looking for such solutions and

50 % are still with spreadsheets

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Surprising Global Stats

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Changing Scenarios &Market Spending

However…

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Manual Accounting & Global Challenges

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Source: KMPG Global Revenue Assurance Survey, 2012, 101 respondents

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Alarming Global Revenue Leakage

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AutoRecon© for Profitability & Operational Efficiency

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AutoRecon© Functionality

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Advantage AutoRecon©

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AutoRecon© Differentiators

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AutoRecon© Engagement Model

On-Premise A web based multi tenancy / institutional system Offers on-premise implementation to supervise and

manage in users’ own secure environment Improves operational efficiency & visibility Reduces operational risk & ongoing operational costs

SaaS Built on SaaS Level 3 maturity model Fully compliant to support multi tenancy and in-premise

deployment Multiple customers hosted on a single instances Deployed on a load-balanced farm of servers Customer's data kept in isolation Optimizes overall cost of the process while providing

ease of maintenance

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AutoRecon© Assets

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AutoRecon© Clients

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Specialist in real-time reconciliation solutions

End-to-end Enterprise-wide Solutions for

Finance Technology Risk Management and Business Continuity Management

Redefined Intellectuality with Intellectual Property Rights Certificate for Ascent Escrow Promart© from Ministry of Economy, UAE

50-100 Techno Functional Specialists

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Ascent Global Wide

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