SoftLedger, a provider of accounting software for multi-entity organizations, has made significant updates to its bank reconciliation product feature set, designed to simplify and automate the reconciliation process.
Building upon recent improvements made to bank feed functionality earlier this year, the latest enhancements provide users with greater efficiency and control, making month-end closing faster while maintaining accuracy.
This newest update enables users to reconcile their bank accounts in SoftLedger quickly, complementing the recently enhanced bank feeds that enable users to categorize transactions in bulk. These combined capabilities significantly reduce manual work while accelerating reconciliation and maintaining comprehensive control and auditability, the Pittsburgh-based company said in a media release.
SoftLedger’s updated reconciliation tools integrate seamlessly with its existing financial close framework, providing accounting teams with real-time visibility into their financial data. By automating key aspects of reconciliation, users benefit from a streamlined workflow that minimizes errors, saves valuable time, and supports more informed financial decision-making.
“We’re continually focused on making the financial close process more intuitive and efficient for our customers,” Ben Taylor, CEO and co-founder of SoftLedger, said in a statement. “Our latest reconciliation updates further automate what traditionally has been a tedious process, allowing finance teams to concentrate on strategic tasks rather than manual data entry.”
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