Reconciliations play a vital part in a credit union's day-to-day operations and support activities such as cash flow reporting, regulatory reporting, risk mitigation, fraud prevention, audit and governance. If your credit union uses desktop applications to manually deliver reconciliation activities, you are probably familiar with these tools being both laborious and error-prone, especially when dealing with large volumes of data. 

Download this whitepaper for an in-depth look at the reconciliation process, the challenges different reconciliation types bring, and how software solutions can be leveraged to help manage your reconciliations more efficiently; including: 

• 4 basic stages of reconciliation process
• Categorizing reconciliations
• 7 key challenges of a manual process
• 10 key business benefits of automated your process