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You are here: Products Enteg:Bank Reconciliation Overview

Overview

Product Mission:

enteg.bank has the ability to integrate enterprises and banks for easy bank reconciliation.

Product Overview:

The potential threat in the manual banking reconciliation is that the employees get bogged down with the details. The focus should in fact be on the exceptions. The organization will actually benefit if the employee can actually bring to light a fraudulent case. With business scenarios becoming more uncertain and the market terrains dramatically changing, back end processes like bank reconciliation need to be robust and cope with sudden changes.
Product Objectives & Measurements:
Vision:

enteg.bank enables an easy, automated and safe solution to integrate between corporates and banks.

Objectives:
Its main aim is to develop an easy point-and-click interface that automates the tedious and time consuming process of bank reconciliation.

Purpose:
enteg.bank extends support to automate the tedious manual activity of bank reconciliation.It is an xApp solution and SOA based. It provides an easy to use, affordable, automated alternative which can save valuable time and cost of financial planners. It gives you the ability to efficiently manage reconciliation activities today, helping you to make better business decisions for the future with cash flow analysis and forecasting.
enteg.bank imports your Bank and General Ledger data and matches them. It integrates bank with mySAP ERP for bank reconciliation. It provides you with the opportunity to deploy seamless integration between your SAP system and bank.