ATM Cash Reconciliation: Definition, Problem & Solution
Among ATM (Automated Teller Machine) Types, Cash Dispensers are expected to hold the dominant position in the global ATM managed services market during the forecast period (2017 – 2027). Cash dispensers are uni-directional device, cash is manually loaded and dispensed to customers. Cash dispensers are commonly deployed at banks and cost less than other ATM […]
Automated Reconciliation in Accounting – Should You?
It is no secret that over the past two decades, the evolution of digital transformation has impacted businesses far and wide. If you do not keep up, you may be left behind. Automation and digitalisation go hand-in-hand, making typical manual tasks easier and faster. It is vital to move with the market to remain competitive. You […]
Can Improved Management of Exceptions Reduce Overheads and Facilitate Data-Driven Decisions?
Sonas understands that identifying and solving exceptions are crucial to validate and maximise cash flow. Exceptions often stem from errors surrounding individual transactions. It is common for the root cause to be unknown. If a thorough audit trail exists and has been documented through the initial process, exceptions are easily identified and investigations are effortless […]
