UTOUG Training Days 2018

Medium to large organizations often need to perform thousands of account reconciliations during the quarterly and monthly close. Some of the key challenges include making sure all accounts are being reconciled, with many companies using a manual process or Excel to keep track of status. This can lead to errors including missing or lost reconciliations, incorrect balances on roll-forwards, and changing balances after certification. This presentation will introduce Ten Steps to Zen with Oracle's Account Reconciliation Manager (ARM) that can reduce these pains and make your close more efficient and faster.
Key features to be reviewed include:
• Auto reconciliation of accounts
• Configurable frequencies and approval levels
• Pre-built dashboards for monitoring status and performance