WHAT IS E-RECONCILIATION?

It is the consensus among the institutions by using the electronic platform on debt or receivables. In the reconciliation process, current balance or current account information related to the institution is uploaded to the system to prevent possible balance discrepancies.

E-RECONCILIATION USAGE BENEFITS

  • Saving time with effective reconciliation in electronic environment with legal permission under Turkish Commercial Code.
  • Easy monitoring in electronic environment
  • Sharing the results of the reconciliation with the financial advisor or auditor in electronic environment

USAGE SCENARIOS

  • Integrated solution with SAP or different ERP applications (AddOn)
  • Excel file upload via web portal
  • Manual entry of one or more reconciliations into web form

SUPPORTED RECONCILIATIONS IN SCOPE OF THE SOLUTION

  • BA/BS
  • Current Account and Current Balance
  • Legal Notice and Dunning Letter (KEP Integration)

 SOLUTION PROPERTIES

  • Bulk or detailed submission of current accounts
  • KEP Integration
  • SMS Integration
  • Reconciliation text vocalization or reminder for response or approval with IVR
  • Instant monitoring of reconciliation returns
  • Effective time management with reminder system
  • Comparison of account details with counterpart company
  • Writing notes or uploading files in the reconciliation process
  • Closed system or cloud usage
  • Complete tax calculation
  • Comparison of current account information (key fields such as Document Number, Date, Amount are used)
  • Authorization according to organizational units as company, firm or branch level
  • Approval process before submission or report sharing
  • Monitoring e-reconciliation processes with Netle eGO (Mobile Platform Solution)