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