Reconciliations are a vital part of the insurance industry and many firms still use manual tools such as Excel to perform these key financial controls. Reconciliations are reliant on data that is high volume, complex and from multiple sources and formats, so error-prone manual processes increase operational risk while reducing transparency and efficiency.
AutoRek is a feature-rich reconciliation software solution that goes far beyond simple matching to incorporate data enrichment, workflows and exception management. Its flexibility and functionality deliver a system to provide valuable MI with the transparency, operational control and accountability required by insurance firms.
Download this content to find out how AutoRek can help you save time and money on your reconciliation process.