Research Library > Fiserv > The Buried Costs and Hidden Risks of Manual Reconciliation. What's at Stake?

The Buried Costs and Hidden Risks of Manual Reconciliation. What's at Stake?

White Paper Published By: Fiserv
Fiserv
Published:  Nov 06, 2017
Type:  White Paper
Length:  6 pages

Donít Let Non-Compliance Fines Impact your Bottom Line and Reputation.

Manual reconciliation of vast amounts of data is an arduous process, involving countless staff hours that includes backtracking, often ending without an audit trail to demonstrate how the balance sheet was derived.

Automated processes offer a solution to this risk-laden adventure. In the white paper, The Buried Costs and Hidden Risks of Manual Reconciliation for Insurers, learn how to calculate and compare the costs of a manual system versus an automated system.



Tagsmanual reconciliation, automated reconciliation for insurers, automated reconciliation, automated insurance reconciliation, automated reconciliation system, non-compliance, data reconciliation