WHAT PROBLEMS DO OUR PRODUCT SOLVE?
- Do you have accounting and finance staff manually reconciling banking payments to internal general ledger entries?
- Do you have accounting and finance staff manually allocating banking transactions to specific accounts?
M3 Solutions have helped many companies allocate and manage their bank statements in an automated fashion. Basically, the software consists of two parts:
- Bank Statement Allocation (BSM) automatically analyses your companies bank statements, reads their references and allocates cash to the specific accounts – the general ledger, a specific contract or where else you might want it.
- Bank Statement Reconciliation results when M3 Solutions’ system automatically reconciles specific general ledger entries to banking transactions.
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