Account Reconciliations

Still relying on Spreadsheets to reconcile your G/L balances?

Modernise your Account Reconciliations with our packaged application solutions for reconciling and reviewing key balance sheet items against reported financial results.

Automatically generate inventories of source accounts for required reconciliations. Pull forward prior reconciliations and supporting documents, and auto-reconcile entries that comply with your accounting policies and tolerances.

Provide standardised collection templates for preparation and load of reconciliations, and automatically alert users to balance changes on previously reconciled accounts.

Reduce internal control and compliance risks with segregated workflows that allow logical preparation of account reconciliations at the appropriate time in the close process. Utilise status, exception, and aging reports for complete visibility on current and past reconciliations.

Does your AccountReconciliations system enable ...

Automation of the full general ledger reconciliation process?
A common source for reconciliations and financial reporting?
Guided workflow navigations that lead users through an auditable review and compliance cycle?
Drill-back from financial reports and dashboards to related Account Reconciliations?
Tracking of unreconciled accounts with exception and aging reports for visibility?
Automatic e-mail alerting for instant notifications and risk management reporting?

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The best compliment is to see our clients thrive!

We worked with Concentric throughout our successful implementation ... This enabled our team to plan and ultimately deliver effectively on-time and to budget.
McBride

Concentric were experts in each area that our project required. They had flexibility and excellent approachability with the ability to operate face to face on multiple sites ... Concentric had the ability to go the extra mile to support in times of urgency or change to project plan.
Honeywell

The upgrade was seamless, with sound advice on hardware requirements. Go live was trouble free and there has been positive feedback from all users.
Belron

Concentric are excellent at what they do and the implementation has radically changed our financial reporting processes – for the better!
Merlin

Atkins had a tight delivery and budget to work with and Concentric were highly approachable and resourceful in ensuring that we met our goals.
Atkins

The quality of staff and their technical knowledge really is a core strength. They know the products inside out and that’s what you expect from an applications specialist.
Melrose

The new solutions have markedly improved data quality, streamlined the submission cycle, automated key analyses such as working capital and treasury reporting, and provisioned meaningful reports to key stakeholders. All this has been achieved with minimal increase in Head Office staff despite the business growing exponentially.
Melrose

In the 4 years I’ve been working with Concentric, they have always been at the end of the phone, very helpful.
Taylor Wimpey

Concentric are a highly professional and very competent solutions provider. Project management was exactly as I would expect from such a company. The staff provided were highly competent and keen to ‘go the extra mile’ to ensure a successful implementation. The system went live on time and to budget. It is so much faster and more reliable than the previous service.
British Steel

We are very happy Concentric customers and are extremely grateful to all of the team at Concentric for their ongoing support and guidance. If your mission is to build a customer base of Concentric fans - you certainly achieved that!
Lifescan Scotland

We implemented OneStream with Concentric and have benefited from greatly improved productivity and efficiency and significantly improved management information. Concentric brought a combination of systems experience and proven accounting understanding that has helped us deliver a solution that is scalable and easy to deploy.
Benchmark Holdings