Remove Reconciliation Remove Reporting Requirements Remove Volume
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Automating Account Reconciliation in NetSuite

EBizCharge

Account reconciliation may not be the flashiest part of your finance operations, but it’s one of the most important. Getting your numbers right at the end of each month, quarter, or year depends on clean, accurate, and timely reconciliation. What Is Account Reconciliation? Automation also reduces the risk of human error.

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Capgemini Selected to Make AutoRek Reconciliation Services More Efficient

The Fintech Times

AutoRek , the Glasgow-based reconciliation and financial data management platform, has partnered with Capgemini , the consulting and digital transformation firm, to ensure it remains ahead of reporting requirements for clients as well as complying with regulatory changes.

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Expense Reconciliation: Step-by-Step Guide

Nanonets

Expense reconciliation is the process through which businesses track expenditures, identify anomalies, adhere to regulatory requirements, and maintain financial accuracy and integrity. What is Expense Reconciliation? Fraud Prevention: Expense reconciliation plays a critical role in fraud prevention.

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AutoRek Announces Strategic Collaboration With Capgemini to Help Drive Its Ambitious Growth in Financial Services

Fintech Finance

This will empower AutoRek to be at the forefront of regulatory changes and reporting requirements for clients. Through this agreement, Capgemini will mobilize its team of experts on AutoRek’s reconciliation solution and guide AutoRek’s clients with day-to-day support of implementations.

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UK Financial Conduct Authority plans to reform safeguarding rules for e-money and payment institutions

The Payments Association

Firms with agents or distributors may require additional liquidity for safeguarding. Firms may be required to diversify their safeguarding providers. Enhanced reconciliation, audit, and reporting requirements will create additional administrative burdens and could increase the risk of supervisory and enforcement action.

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How payment firms can prepare for the FCA’s proposed safeguarding regime

The Payments Association

The first stage, interim rules, focuses on enhancing compliance with existing safeguarding requirements, while the second stage, the end-state rules, introduces more robust measures that will reshape how firms protect consumer funds.

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End of Year Success: Tips for a Smooth and Effective Close

FloQast

“Implementing FloQast has proven invaluable during financial audits since it ensures all reconciliations are completed and well-documented. Close software can significantly reduce reconciliations pressure by adding not only automated speed and accuracy to the process, but a range of useful functionalities.