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Oracle ARCS- Bank Reconciliation

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edited Mar 31, 2020 12:40PM in Account Reconciliation 3 comments

Summary

Oracle ARCS- Bank Reconciliation

Content

I understand that ARCS is being used by many organizations for Bank reconciliations ( To Reconcile bank books and bank statements)

When reconciliation functionality is available in Oracle cash management module, i just wanted to know the additional benefits/advantages to use ARCS against Cash Management module. 

I also understand the compliance functionality of tracking delays and assigning tasks to preparers and approvers, reconciliation aging etc.

Is that compliance is the additional benefit in ARCS vs CM... Let me know your thoughts on this.

I have gone through this modules and understood the functionalities. I am trying to understand in detail so that we can offer best to our customers

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