Data Reconciliation, is not only about matching and control. The typical value chain requires extract from complex systems, data manipulation, exception handling and posting. Matching includes “many-to-1 scenarios or sometime complex “fuzzy” logic. Digiata has been helping clients not only solve complex reconciliation problems, our solutions are aimed at end-to-end process automation and STP. This combined effort of experience and software gives you the comfort of efficiencies and proper process control.
Our solutions integrate into various ERP, Reconciliation and Core Banking Platforms
Import and convert data and reports from disparate systems automatically to the desired file format
Rich matching functionality to help you automatically match transactions or cater for different scenarios (many-to-1).
Automatically post matched and unmatched transactions to GL, target system or suspense accounts.
Workflow allows you to automatically escalate exceptions in the process or transactions
We have more than 15 years of experience assisting clients with automating their reconciliation process across various transaction flows or bank recon cycles
Our dedicated implementation team is not only skilled in complex reconciliation, we are subject matter experts in integration, process automation and workflow management
The Challenge An international retail bank operating throughout Africa was experiencing significant delays in the reconciliation process, due to disparate file layouts and data sources, as well as timing mismatches from ATMs,…