In today’s volume driven, complex and regulated operations environment of enterprises, having an automated reconciliation process can help in reducing costs and risk, achieving compliance and significantly improve the overall financial back-office process. The miFIN™ Reconciliation Software helps you do this by introducing a configurable rule-driven framework to define and automate the bulk of your reconciliation activities. It makes it easy for users to migrate from manual to a system driven process. It realizes the need to have necessary manual interventions and hence also provides for manual reconciliation.
miFIN™ Recon aims to transform reconciliations, which is one of the most important periodical financial back-office processes, and yet has been historically overlooked by IT systems. Without an automated mechanism, the recon process ends up being time consuming, person dependent, spreadsheets driven & risky.