DATASHARE RECONCILIATION

RE-IMAGINING THE INVOICE FINANCE RECONCILIATION PROCESS

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Validis has automated the month-end reconciliation process for Lenders offering invoice finance solutions. Our unique solution utilizes next-generation data sharing and workflow capabilities to dramatically reduce the time taken to prepare, submit and review the invoice schedule at month end.

Validis Reconciliation removed 90% of the time it previously took me to manually prepare and submit my invoices on a monthly basis.

INVOICE DISCOUNT CLIENT OF A UK TIER 1 BANK

BENEFITS

  • Drive tangible process efficiencies

  • Deliver an enhanced customer experience

  • Maintain compliance with credit policies

FEATURES

  • Data Sharing – Market-leading accounting data extraction software makes the sharing of data easy for the SME

  • Configurable parameters – Such as recourse periods, concentration and retentions

  • Intuitive workflow – SMEs can spend less time reconciling their invoices and more time running their business

  • Reporting – Full file access to standardized ledgers to improve review accuracy and reduce manual error

  • Reconciliation portal – Access to a customizable portal that ensures easy monitoring, review and sign off of the month end reconciliation

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