Products

"Today, in our Financial Management Consulting Practice, we see finance teams risking material weakness disclosures due to aggregated account variances that are often buried across many accounts."

- Karl Hersch, Principal and Service Line Leader of Finance Operations at Deloitte Consulting LLP

Movaris® Account Reconciliation

Movaris Account Reconciliation is used by finance organizations to standardize, track and review account reconciliation tasks during the Financial Close process.

Reconciliation Scoping Manager: Schedules all account reconciliation frequency based on business rules, assuring high risk accounts are reconciled frequently while reducing time and costs associated with low risk accounts.

G/L Tie-Out Manager: Highlights the delta between Account Reconciliation results and the final G/L to alert finance managers to late adjusting entries, reducing the risk of finding an error after the close.

Unlocated Differences (ULD) Manager: Presents an aggregate view of ULDs, provides insights into high risk accounts and material breakdowns.

Action Plan Templates: Provides standardized method for reconciliations to be done. Uploads all backup documentation into a single source for review, and ensures account reconciliations are performed according to policy.

Integrate with OneClose. Synchronize Account Reconciliation activities with SOX and Financial Close to identify any open reconciliation issues before the financial close is finished.

For more information:

Movaris Unity
Movaris Enterprise Risk Manager
Movaris GRC
Movaris Sarbanes Oxley
Movaris Financial Close