Bank Reconciliations are becoming more and more important to reduce accounting period close time. Automating bank reconciliations has several advantages.
1. Reconciles can be performed daily with an automatic statement download and auto match features
2. Brain power can be freed up
3. Monthly close times are significantly reduced as reconciles are performed during the month
4. Mistakes are found and corrected immediately. Remember that accounting teams are measured by their close times.
If you are interested in how Nolan Business Solutions can help you have a faster month end close then please contact us
Written by Kim Haythornthwaite, Nolan Business Solutions Inc.