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03 · Account Reconciliation

Oracle ARCS: account reconciliation

Rule-based reconciliation with transaction matching, preparer and reviewer workflow, and evidence stored where it was produced.

What it solves

  • Balance and transaction reconciliation
  • Auto-reconciliation rules for routine accounts
  • Preparer, reviewer and approver workflow
  • Risk scoring by age of the open item
  • Complete audit trail, nothing to rebuild
  • Reconciliation calendar tied to the close