Account Reconciliation Cloud Services

Oracle ARCS is a popular software used mainly by accountants and finance departments. It focuses on account reconciliation and is often used in place of Excel sheets as it is more accurate and with decreased human error probabilities.

Many companies still do account reconciliations through Excel, and these processes can take many hours and some even take days or weeks. By implementing Oracle ARCS and using ARCS instead of Excel, businesses can cut down time by 30% or more - and the results will be more accurate and have less human error associated with them. For an example on how ARCS is more efficient than Excel, and the ROI (return on investment) of using ARCS, click here to view a case study.

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Case Study - Construction

Client wanted to directly import data from Fusion GL and reconcile that data with their subledger. Our consultants combined the existing account hierarchies into groupings and mapped the corresponding accounts into the groups. The implementation took around 4 weeks. After implementation, the process was reduced in time by 45% - thus making the process much more efficient.

Which Option is Best?

Not sure which EPM software is the right choice for your company? No worries - our consultants at Paradigm SES can help give your company a free demo and understand the subtle differences between each EPM software. We can also help your company choose which EPM software is best suited for your individual business processes. For more information, feel free to contact us and one of our agents will get back to you as soon as possible.