Reconciliation is an important process for any business looking to grow. One of the most important attributes required to ease this process is flexibility. To obtain this a software must enable business owners to define their own rules engine.
A custom rules engine is a feature in a software that allows users to define their own set of rules and conditions for data reconciliation. This allows for greater flexibility and customization in the reconciliation process, as users can tailor the rules to their specific needs and requirements. The custom rules engine can be used to compare and match data from different sources, identify discrepancies and errors, and make automated or manual adjustments as needed.
There are several advantages to using a software having the ability of a custom rules engine for data reconciliation:
Cointab’s automated reconciliation software helps businesses reconcile with ease. This is made possible by the software offering various different features. One of which is the custom rules engine. This enables businesses to maintain flexibility in the reconciliation process and also customize their output formats for enhanced and easy analysis.
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