Proven Record-to-Report Solutions for a Compliant and Agile Finance Function
As CFOs strive to achieve faster reporting, reduced costs and increased focus on data analysis, streamlining the Record-to-Report (R2R) function is emerging as a critical pre-requisite. Real-time, accurate financial and management reports enhance visibility into the R2R cycle and associated processes to enhance risk management, improve reporting and compliance, and provide tighter security.
WNS’ Record- to-Report (R2R) solution combines process, technology and analytics into a web-based accounts reconciliation tool to enable effective bank, inter-unit and General Ledger (GL) reconciliations. It mitigates operational risks by moving the reconciliation process from spreadsheets to a centralized, scalable system. The solution automates activities such as month-end management, reporting and journal entry workflows. The suite includes a proprietary component (for standard, low to medium volume reconciliations) and a partner-driven solution (powered by Trintech) to automate complex and high-volume transactional reconciliations for banks and large organizations.