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.
Drive tangible process efficiencies
Deliver an enhanced customer experience
Maintain compliance with credit policies
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