bank reconciliation software

April 17th, 2025

Accurate Bank Reconciliation – What is Required?

Accurate bank reconciliation is essential for maintaining financial integrity and ensuring that your company’s financial records align with bank statements. This process helps identify discrepancies, prevent fraud, and provide a clear picture of your cash flow. Here’s a comprehensive guide to achieving precise bank reconciliations. What Is Bank Reconciliation? Bank ...
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July 16th, 2024

About Bank Reconciliation

Streamlining Your Bank Reconciliation Process with Automation Bank reconciliation is a critical process for any business, ensuring that the transactions recorded in your financial statements match those in your bank account. While essential, this task can be time-consuming and prone to errors, leading to potential financial discrepancies and wasted resources. ...
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April 18th, 2024

Chadwick’s Group Successfully Goes Live with Cashbook V6

Chadwicks Group Go-Live with Cashbook V6 Bank Reconciliation After a period of parallel testing, Chadwicks Group has officially gone live with Cashbook Limited’s latest V6 Bank Reconciliation solution. Business Development Director David Rushe made a special visit to the head office in Dublin this week to celebrate this milestone with ...
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February 10th, 2023

Cashbook’s New Interface

Our technical and design teams here at Cashbook have been working on a complete, ground up redesign of the user experience and user interface for Cashbook for nearly a year. We’re delighted to announce that the new interface is now available with the latest release of the V6 platform. We ...
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August 14th, 2020

Bank Rec automation improves cash position and cash flow

Cash is the lifeblood of any business, if cash dries up then a company will eventually die. Bank reconciliations (bank rec) are hugely important in maintaining internal control along with a steady and consistent cash flow. Cash flow is separate from cash position, as having cash on hand is important ...
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August 10th, 2020

Three Key Challenges of Bank Reconciliation

As we know, a successful bank reconciliation (bank rec) is very hard to achieve for any company. Especially when the bank rec is done manually, there are multiple challenges and roadblocks that stand in the way of a successful completion. Bank recs are a very useful financial control tool, which ...
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December 16th, 2019

Bank Rec Automation – what you need to know

What is Bank Reconciliation? A bank reconciliation (bank rec) is where a company completes a comparison of the cash balances on their general ledger (GL) against their current bank statement information. Any differences in amounts need to be accounted for, and when the two sides are evenly matched the accounts ...
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June 14th, 2019

Use of QR codes in Cash Automation

What is a QR code? The use of QR codes in Cash Automation is an interesting development. A QR code is a type of matrix barcode. QR codes can store information in both horizontal and vertical directions. This allows them to potentially hold a huge amount of information. QR codes ...
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September 18th, 2018

Robotic Process Automation in Finance & Accounting

This article will explain in basic terms what Robotic Process Automation (RPA) technology is, and its role in the accounting industry. We will see how RPA has advanced to streamline current accounting processes, and what to expect from RPA technology in the future. What is Robotic Process Automation? When people ...
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December 4th, 2017

RPA, Machine Learning, and Cashbook

As the years go by, there are frequent new developments in technology. These developments are typically for the better. They lead to further simplification of our daily lives, but more importantly make our jobs less complex in the world of business. These developments in technology along with human innovation, eventually ...
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