Keep provider balances accurate for finance coordinators every morning

Finance coordinators find stale provider balances each morning, causing reconciliation delays and risky cash decisions. Daily recalculation aggregates recent transactions and updates master balances for accurate reconciliations.

Overview

Stale provider balances create reconciliation delays and expose your cash position to risk. Implementing a daily recalculation ensures finance coordinators start reconciliations with accurate opening balances, eliminating manual adjustments and surfacing exceptions before daily reporting.

Notable Features

Recalculate provider balances each morning
Aggregate transaction totals across accounts
Update master record for reconciliation