Video Transcription

So, five building blocks to automated reconciliations. One, you must either use SFTP or APIs where available. So no manually dropping files.

Two, whatever method you are using to extract the data from these files must not involve humans.

Three, to increase your auto match rates, use alias tables in the absence of identifiers.

Four, there's a world of useful MIS to be had, so your reports engine is crucial.

Five, make sure to include a full audit trail.

Any questions on these steps, feel free to reach out to us at fundrecs.com.