CARS Key Features

  • Integrated Chasers and Investigation Management with automatic links to email, fax and SWIFT as standard.  

  • Standard Balance/Transaction Data Feed: Automatic population of both balances and outstanding entries on initial setup.  

  • Multiple Account Processing: Ability for a number of users to reconcile the same account from different workstations.  

  • Account Interrogation: Concurrent processing of multiple accounts on a single workstation.  

  • Status View at Account Level: Status counts available at account level (for open/proposed statement/ledger) entries.

  • Scheduling of Events: Users are able to schedule events for processing out of normal working hours.  

 

CARS Benefits

  • Speed up the Reconciliations process

  • Removes (human and settlement) error thereby reducing operational costs  

  • Decrease exposure to losses  

  • Increase levels of customer service  

  • Improve levels of staff motivation  

  • User friendly GUI interface