Be it debit or credit, ACH or check, cash or calls, and online or offline– financial institutions are handling payments at a steadily increasing pace across varied touchpoints. And the ever-increasing demands for digital real-time payments are only fueling the need to track and reconcile the volumes of transactions made each second. Several organizations are automating their reconciliation processes to match costs and detect exception on a single platform. Not only does automating reconciliation reduce time and chances of error but also enables financial firms to scan through a large volume of transactions quickly, thereby ensuring a high match rate. Furthermore, the introduction of many cloud and on-premise platforms to support reconciliation software facilitates the proper management of middle and back-end office activities.
Keeping in mind such drastic transitions, we have compiled this issue of Banking CIO Outlook in order to assist organizations in the task of finding accomplished solution providers and services companies to help them navigate the reconciliation realm. In this edition, we have listed the top 10 reconciliation platform solution providers 2020 and top 10 reconciliation platform consulting/service companies 2020 to highlight the enterprises that can escalate the chances of your growth. Equipped with innovative technological capabilities, these enlisted solution providers and consulting/services companies are transforming the reconciliation paradigm at the cloverleaf of various disruptive technologies. Besides, the magazine comprises insights from subject-matter experts, CIOs, and CXOs in the banking sector on the latest industry trends, best practices, recent innovations, and highlights their expertise. We hope this issue of Banking CIO Outlook helps you build the partnership you and your organization need to foster an environment driven by robust and efficient technology.
We present to you Banking CIO Outlook, “Top 10 Reconciliation Platform Solution Providers 2020”.