Fiserv Accurate Reconciliation vs FloQast comparison

Many organizations rely on multiple systems to access the data required for monthly and quarterly accounting reconciliation and daily transactional matching. Some use a manual reconciliation process that relies on error-prone spreadsheets. Exceptions are slow to resolve and it's nearly impossible to achieve the single version of the truth that finance and executive teams need.

That's why organizations worldwide use AccurateTM Reconciliation from Fiserv. It enables demonstrable operational efficiency gains over manual processing and cuts the risk of errors resulting in financial loss.

Accurate Reconciliation is a comprehensive, end-to-end account reconciliation and certification solution that handles all transaction types and financial instruments. The solution integrates both transaction and balance-level data and automates the entire reconciliation process from data acquisition and matching through period-end approvals and reviews.

With FloQast, your entire Accounting staff knows what to do and when it’s due – no matter how large the team. It’s cloud based, so you and the entire team can always know where you stand with real-time overview of status by task, entity and team member – regardless of whether they are in-house or remote. We take the best of your current process and make it work better.