Finance
Reconciliation exceptions
How a break is cleared, and who may clear it, stays with the firm.
A reconciliation that matches needs no one. The work is the break.
The workflow
Reconciliation exceptions
- 01Compare
The two sources are read.
- 02Pass
Matches leave the queue.
- 03Queue
Breaks carry both figures and their age.
- 04Clear
A cleared break keeps the reason.
How a break is cleared, and who may clear it, stays with the firm.
The problem
Reconciliation exceptions still depends on a queue.
Breaks are found in exports and then hunted in mail. The same item is investigated twice. Aged breaks disappear into a tab.
Current process
A spreadsheet and a search through old mail.
Breaks are found in exports and then hunted in mail. The same item is investigated twice. Aged breaks disappear into a tab.
The solution
A recorded workflow, with people where the decision sits.
Handled in the workflow
Matched items pass. Breaks are queued with both figures, the age, and the queue that owns them. Clearing the break is recorded.
- Compare
- Pass
- Queue
- Clear
Your team stays in control
How a break is cleared, and who may clear it, stays with the firm.
A queue of only the items that do not match.
How it works
From the queue to a recorded outcome.
Matched items pass. Breaks are queued with both figures, the age, and the queue that owns them. Clearing the break is recorded.
01
Compare
The two sources are read.
02
Pass
Matches leave the queue.
03
Queue
Breaks carry both figures and their age.
04
Clear
A cleared break keeps the reason.
Without it
A spreadsheet and a search through old mail.
With UYP Systems
A queue of only the items that do not match.
How a break is cleared, and who may clear it, stays with the firm.
Also in Finance
The rest of the range.
Client onboarding
Onboarding is a file that has to be complete. The delay is the chase for what is missing.
- Open
- Collect
- Test
- Hold or pass
Evidence collection
The evidence usually exists. The work is asking, filing and knowing what has not arrived.
- Name
- Ask
- File
- Show
Billing exceptions
Most invoices are routine. The cost is the one that should not have gone out.
- Read
- Test
- Hold
- Release
Discuss Reconciliation exceptions.
A reconciliation that matches needs no one. The work is the break.