Vale Europe Ltd, a leading refiner of precious metals, speeds up bank reconciliation and improves compliance with Bank Management mhancement.
Challenges
Vale Europe Ltd previously relied on spreadsheets and for the past three years a standalone system to process its monthly bank reconciliation from its Acton-based office.
Financial compliance and data accuracy is absolutely vital.
Vale required an automated system which could seamlessly interface with Microsoft Dynamics GP to improve transparency and control to minimise the risk of errors and increase productivity.
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Vale can easily extract key management information such as reconciled and unmatched items to achieve greater financial visibility and control using Bank Management mhancement for Microsoft Dynamics GP
“We have reduced the time it takes us to complete our month-end bank reconciliation process by half.”
Elaine Ambrose, Accountant, Vale
Customer Success
Time to complete bank reconciliation process reduced by 50 per cent.
Improved compliance.
Greater financial control.
Reduced errors.
Extremely quick and user-friendly system.