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ARCS rollout - account analysis?

edited Nov 29, 2019 9:38AM in Account Reconciliation 2 comments

Summary

ARCS rollout is ongoing, business complains of value added

Content

Hi all,

We are working on ARCS rollout for a while now and we keep hearing the same feedback from the business which is criticizing the value added of the tool. For Balance Sheet reconciliation, Business checks the following:

1. comparing subledger number vs. GL numbers for PTD activity

2. analyzing ending BS balances per vendor, assets, etc. (analyzing factors depending on the respective module)

 

For 1) Rec compliance can help. Users can compare GL vs. Subsystem PTD activity. We can also assign Transaction Matching to profiles which can speed up the comparison.

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