Streamlining account reconciliations – enabling timely reporting, enhanced audit, and control of the financial close
GL Substantiation creates a unified, automated platform for daily, monthly and quarterly reconciliations. Reconciliations at both the account balance and transaction level, are combined with balance sheet substantiation (account certification) through workflow for account ownership assignment,distribution of reconciliation results, exception management, approvals, sign-offs and reporting. At every stage of the process, GL Substantiation provides full visibility of all actions and activities to CFOs, controllers, reconcilers and auditors.
A wide range of corporations in many industries, rely on Smartstream for their enterprise reconciliation platforms. GL Substantiation delivers the market-leading functionality relied upon by the world’s largest institutions and corporations, and the scalability they depend on for their global operations.
Automation and control through GL Substantiation bring the productivity improvement, process consistency and visibility, and shortened cycle time that CFOs and controllers seek for their financial close.
