Managers are constantly seeking greater integration among their people and processes to enable more agile reporting and savvier investing. Fortunately, with a smart reconciliation solution, managers can produce the insights they need for timely reporting and better decision making across several areas of their firm. Let’s explore how:
Reporting is not commonly touted as a key feature of reconciliation tools, and we believe this is because many fail to realize that effective reporting can actually result in an untapped competitive advantage.
The correct business decisions can only be made if the data being used to generate insights is clean and accurate. With this requirement, data management has become crucial for funds, especially within the reconciliation process as data is constantly extracted and processed from a variety of different sources.