Increase efficiency and capacity

Reconciliation with counterparties is a key control but, where undertaken manually, is very time-consuming, inefficient and costly.

As a result, reconciliations are performed infrequently and breaks are numerous. This in turn leads to write-offs and costly delays in payments of rebates, fees and dividend claims.

The Pirum service provides automated reconciliations coupled with an exception based interface to free up staff to investigate breaks, not just find them.

Breaks are identified and classified by type, which with the advanced filtering options allows users to quickly focus on the breaks relevant to their position and the company structure.

Consistent intuitive interface across all services increases staff flexibility whilst minimising training overheads.

Web based functionality with no hardware or software installation requirements allows users across the globe to access their data 24/7 maximising the use of their time and allowing offshore locations to work at maximum efficiency with their colleagues globally.

Simply increasing headcount cannot solve these issues - what is desirable is to improve and automate the underlying business processes.

Follow the link on the right to contact a Pirum representative and find out more or arrange a demo