TechWize's team meticulously assessed the client's financial operations and technical landscape to develop a custom application with the following functionalities

• Automated Day-End Process:The application established a streamlined day-end process for reconciling payments processed in the CE/CRM system with Business Central. It leveraged payment references associated with each CE/CRM payment to ensure accurate reconciliation.

• Consolidated Payment Records:The application consolidated payment records based on payment references, posting single entries into the bank account ledger.

• Automated Bank Statement Reconciliation:Upon importing bank statements into Business Central, the system automatically reconciled them with the consolidated payment entry, eliminating the need for manual intervention.

• Enhanced Efficiency:The custom app significantly reduced manual reconciliation efforts, saving time and resources.
• Improved Accuracy:Automated reconciliation eliminated human error, ensuring data integrity and financial transparency.
• Increased Productivity:Streamlined operations translated to increased productivity and performance for the client's financial team.
• Reduced Costs:Automation eliminated the need for manual data manipulation, leading to cost savings associated with the previous process.
• Enhanced Stakeholder Experience:Improved integration and communication between CRM and Business Central fostered a more efficient and collaborative environment for all stakeholders involved.