The question “What is current account reconciliation?” is a question that is frequently asked and the answer is curious. Credit and debt tracking should always be followed and agreed upon. Companies that have a continuous business relationship with each other should always have an agreement between them. The current account is the retention of the accounts receivables between these two businesses. As a result of the current calculation, businesses will be able to see the debt relations between them.

With e-Reconciliation, each company can upload its current information to the system and easily compare the information from the other company from the system, so that the reconciliation transactions are done in a short time without any problems. With KEP (Registered E-mail), your legal ground is also ready.

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What are the advantages of e-Reconciliation?

With Registered E-mail, your agreements can be placed on the legal ground digitally and you can get quick returns. You can be comfortable with e-Reconciliation, which has the same legal value as notarized submissions.

  • You can make BA/BS, Current Statement and Balance reconciliations simultaneously and quickly.
  •  You can stop phone, mail, fax traffic and speed up your processes over the web. All reconciliation reports can be accessed quickly from a single point.
  •  You save labor, time, and expenses that don’t appear like phones, faxes, paper.
  •  You can increase the rate of return to your agreements by having the system automatically send reminder e-mails to companies that do not respond.
  •  You quickly receive current statements electronically from your customers who say they are not matching.
  • Provides Data Integrity.
  •  Reduces the cost of operation.
  •  It offers fast and easy operation.
  •  Provides traceable/scalable infrastructure.
  •  Recording of answers in the system
  •  Monitoring reconciliation reports
  •  Processing of agreements sent to the company into the system
  •  Your business partners send statements or associated files.
  •  Provides full integration into the WOLVOX Program.
  • The application not only checks whether it is agreed, but also finds the differences in the current statement and reports it to the parties. It is a fully integrated system with all accounting programs.