Reconciliation refers to the process of comparing and matching a company’s financial records with supporting documentation and resolving discrepancies between them.
For businesses, it’s important that these documents align in their details. When they do, it’s often a sign that accounts have been properly kept. If they do not match, there’s a potential risk of an unknown degree to the company concerned.
Businesses may need financial services expertise to track payments and match between records. Our consultants provide this service, backed by years of variable experience across several industries and working partners.