ERS™ Enterprise Reconciliation Solution
ERS™ Enterprise Reconciliation Solution
ERS™
ERS™ Enterprise Reconciliation Solution furnishes a set of advanced tools and modules for end-to-end reconciliation processing and complete management over the reconciliation cycle at the bank. The solution expedites reconciliation case creation, matching and processing workflow and allows banks to accurately reconcile transactions and ensure that all accounts are balanced and discrepancies are resolved in a timely manner.
Features
Seamless Integrations
ERS™ integrates with banks' core banking systems for in-house transactions as well as facilitates interbank reconciliation through national payment channels such as the Automated Clearing House (ACH), Real Time Gross Settlement (RTGS) and other payment networks. It also supports various message formats and data sources.
Reconciliation Types
ERS™ supports various reconciliation types including Nostro/Vostro accounts, credit cards, cheques, POS transactions, and other financial instruments. It provides one process to handle bulk reconciliation types and ensures comprehensive coverage of all bank reconciliation requirements.
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