Summit Truck Group Automates Accounting Processes
- Manufacturing
Challenge
Manual monthly transaction matching requirements as part of financial close
Complex inter-company transactions across lines of business
Lack of visibility into vendor compliance and health
EPM Solution
Account Reconciliations – Transaction Matching
Explore options in automating mundane accounting processes
Result
Increased visibility and compliance with action plans, reason codes and risk ratings
Evaluated and cleansed all balance sheet accounts to develop reconciliation automation
%
Auto-match rate for bank and inventory reconciliations
%
Account reconciliation consolidation by entity
Read the full story here.
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