Can Recon spin Dollars for you?
It’s clear that organizations need to move away from spreadsheets and manual processes, both to ensure the regulatory requirements are met, and more specifically to reduce operational risk. A robust reconciliation and review process is needed, but getting one in place has traditionally been a challenge.
Our observation is that Traditional reconciliation systems evolved are on-premise deployments, requiring long installation projects and teams of consultants to go live. Getting these in place from scratch in the time the regulator or authority requires is extremely difficult with ever increasing cost implications of such projects.
Even worse, some organization may have a legacy system in place, but the technological limitations of that system mean it’s time-consuming and expensive to onboard new reconciliations and controls. In this case organizations has no choice but to revert to spreadsheets and manual workarounds for any new requirements that crop up.
RithamWorks Recon Solution -
“A Dollar saved is a Dollar earned”
RhythmFlows Solutions Pvt. Ltd.
PRAGATI COMPLEX, 17/1B, Kothrud,
Pune, Maharashtra 411038
rahul@rhythmflows.com
Mobile No.: +91 982 305 5383
clientfirst@rhythmflows.com