Solution Set

FrontierTM Reconciliation

Improve operational efficiency and mitigate risk with enterprise reconciliation and certification

AUTOMATED ACCOUNT RECONCILIATION

Back-office solutions to drive growth and efficiency


Move from slow, error-prone manual processes to powerful automated reconciliation and certification.

  • Checklist icon

    Minimize the risk of financial misstatement with transaction-level matching – on one-to-one, one-to-many and many-to-many levels

  • Settings icon

    Easily implement detailed audit control processes and full separation of duties to meet strict audit practices.

  • Artificial Intelligence icon

    Frontier Reconciliation from Fiserv works seamlessly with all core platforms as well as general ledger solutions including Prologue™ Financials from Fiserv.

  • Document stack icon

    Pull in data from virtually any source and in any of the most commonly used formats to identify and resolve exceptions with speed and accuracy.

Minimizing the need for manual interventions during reconciliation can help organizations achieve major efficiency improvements and lower operational costs.

75%

reduction in write-offs

60-80%

increase in productivity and efficiency

95%

transaction match rate

SOLUTIONS IN USE

See what Frontier Reconciliation can do for your business

Improve operational efficiency

Fully automated workflows

Reduce risk and improve productivity with technology solutions that enable staff to take on more value-added work.

Frontier Reconciliation: Transfer Manager

Implement stringent audit control processes and full separation of duties

Frontier Reconciliation: Workflow Manager

Automate exception management processes for greater efficiency and speed

Frontier Reconciliation: Performance Manager

Display and interpret reconciliation process data with industry best practice KPIs 

Manage financial controls

A single process enterprise-wide

Improve visibility and ensure corporate and regulatory compliance with consistent, integrated solutions across the organization.

Prologue Financials

Frontier Reconciliation works seamlessly with all core platforms as well as general ledger solutions including Prologue™ Financials from Fiserv.

Axiom

Axiom Planning and Profitability, offered via a relationship with Syntellis Performance Solutions, provides finance leaders with the tools needed to accurately quantify the financial impact of the decisions they face.

Watchtower

Combine enterprise risk management with governance and compliance into one top‑to‑bottom enterprise approach.

Mitigate risk

Automated exception management

Reduce the risk of financial misstatement and errors by automatically identifying, routing and resolving exceptions.

Account certification

Automate critical financial processes and controls to simplify the adoption of a sound financial governance strategy

Exception/case management

Focus on exception resolution and reduce write-offs by 75 percent with automated financial reconciliation processes
Business accounting concept, business man using calculator with computer laptop, budget and loan paper in office.

Drive your back office forward


Many organizations still use manual processes throughout reconciliation, creating more chances for costly mistakes, major inefficiencies and potential risk. Automated reconciliation makes is easier and more efficient to manage critical, labor-intensive, back-office functions, for virtually every type of transaction.

  • Takes an enterprise approach to bank reconciliation and exception management for effective risk management, unprecedented data visibility and operational efficiency

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  • Take control of your financial health and enable end-to-end account reconciliation and certification across your health care organization.

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Learn more from client stories

 

MERITRUST CREDIT UNION

Meritrust Credit Union leverages Frontier Reconciliation for more efficient use of time and accounting

Hear what they have to say

Frontier [Reconciliation] has enabled us to take a better look at our reconcilements at month end...

Wade Bruendl

SVP, Chief Strategy Officer
Meritrust Credit Union

Discover more insights on Frontier Reconciliation

 

WHITE PAPER
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Six ways automated reconciliation drives your back office forward

Nearly every step of the account reconciliation process can be improved with the right technology. Learn about six key benefits that financial institutions can expect to achieve from automating their account reconciliation processes.
Brochure
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Take an enterprise approach to reconciliation and exception management

Learn how Frontier Reconciliation works to minimize the risk of financial misstatement with transaction-level matching and full audit trails, cutting errors by as much as 50 percent.
WHITE PAPER
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Managing thousands of transactions every day

The sheer speed, volume and variability demand strong internal controls to keep balance sheets consistently accurate and reduce fraud risk.

Ready to get started?

Contact us to find out more