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InsightSoftware.com Launches its New Reconciliation Product for JD Edwards: Insight Reconciler
Jul 12, 2010 (11:07 AM EDT)
Software solution automatically matches General Ledger and supporting ledger transactions in real-time
DENVER, July 12 /PRNewswire/ -- InsightSoftware.com, a leading provider of business optimization software, is pleased to announce the availability of its new reconciliation automation software solution for JD Edwards - Insight Reconciler. Joining the company's lineup of productivity tools, Reconciler takes the pain out of the JD Edwards reconciliation process and improves integrity reporting by highlighting issues in real-time and explaining inconsistencies with full transactional drill-down.
"Insight Reconciler solves common problems for accountants and helps speed up the month-end close process," said Paul Yarwood, General Manager for InsightSoftware.com. "Our reconciliation tool helps resolve discrepancies between the General Ledger and key business areas like accounts receivable, accounts payable, fixed assets, inventory, and received not vouchered or GRNI. The software works in real-time directly over JD Edwards, so there's no need to extract data into spreadsheets with all the process and integrity issues that can follow."
Insight Reconciler seeks to enhance a company's ability to continually improve business processes, driving greater efficiency and profitability. Reconciler is a true end-user tool. It's easy, quick and allows the business to address reconciliation issues immediately, rather than being overwhelmed by them at month end.
The entire business can benefit from Reconciler; the accountant is able to improve efficiency and productivity while the management team gains greater visibility and confidence in the results. Analysts can spend less time sifting through integrity reports and dumping data, and the IT group isn't wasting valuable time searching for false discrepancies.
"Any improvements that can be made to the reconciliation process reduce the risk of material adjusting entries and decrease the possibility of future restatements," explained Yarwood. "We believe that greater automation can help, while allowing the finance team to devote more time to value-added roles such as providing analysis and interpretation of the accounts for the business."
The software is licensed on a subscription basis and available in either a single or multi-user edition. For more information on Insight Reconciler, visit http://www.insightsoftware.com/reconciler.
InsightSoftware.com optimizes business processes for Oracle E-Business Suite and JD Edwards, empowering end-users with access to live information. The Insight software suite improves productivity for ad-hoc requests, reporting, analysis, audit and reconciliation needs. Insight's enterprise-wide solution for JD Edwards covers Financials, Supply Chain Management, Project and Asset Management and Human Capital Management. InsightSoftware.com is a global software provider. For further information, call: USA: 1-888-467-1448, UK: +44 (0)845-467-4448, AUS: +61 (0) 2-8216-0810, or visit www.InsightSoftware.com.
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