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Post by account_disabled on Jul 22, 2023 0:38:20 GMT -5
It is inevitable, therefore, that the operationalization of these innovations involves the improvement of software and the entire technological structure. And one of the most important tools for this integration to take place is the conciliation system . It performs a comparison between information from two data sources to point ot if there are differences between them and what they are. Technology is essential for, for example, correcting data synchronization errors, validating bank inputs and outputs, financial transactions, etc. The main objective of the solution is that these USA Phone Number List interactions happen without major obstacles. While large banks, for example, have “legacy systems” – databases that store decades-old information –, some companies still resort to disorganized excel spreadsheets and outdated methods. Reconciliation facilitates the sharing and storage of this data, in addition to the adequacy process. Given the importance and complexity of this task, it is necessary to adopt measures to reduce lost time, minimize the risk of human error and increase the safety of the operation. It was to resolve these implications that Sinqia developed a Conciliator Module that takes care of this entire process in an automated.
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