The receivable-payable accounts, namely reconciliation processes between companies and their clients were handled physically, which was bringing many challenges along. E-Reconciliation application, one of the e-Transformation applications has emerged with the need to migrate this process to electronic environment. To better understand the electronic reconciliation solution, let’s begin by answering the questions such as “what is e-reconciliation, is e-reconciliation mandatory, and what are the benefits of e-reconciliation?”
E-Reconciliation is a solution which enable reconciliation between clients, vendors current accounts and BA and BS of companies over Internet/e-mail, reporting the results directly over ERP system.
With B2F e-reconciliation application that can run integrated with ERP software such as Microsoft Dynamics 365 Business Central, Navision and AX, create, store and view your reconciliations at any time. Migrate your reconciliation process to digital with B2F e-reconciliation solution and leverage speed and efficiency in your processes.
Instead of reconciliation using paper/fax or phone, Dynamics ERP is used to send the reconciliations to concerned parties and monitor the replies online.
It provides the infrastructure for direct integration with your B2B and B2C systems (e-commerce, portal applications).
It is easier to monitor the delivery status of e-mail notifications, and to request addressees to send their own reconciliation files, and it is possible to enter multiple contacts.
Since entire solution is designed on the Dynamics ERP, users work on the interface they are already familiar with, and does not require separate system/software/interface need/installation.
It is possible to define the reconciliation screens and e-mail templates in own language of the reconcilee directly over Dynamics ERP.
Take a glance at our blog posts for other contents you wonder about.
If you want to migrate to E-reconciliation system, you can contact us now. We can discuss details by scheduling a meeting.
