CheckFree Financial and Compliance Solutions has launched CheckFree Recon-Plus Frontier, billed as a scalable organisation-wide reconciliation system.
The browser-based system operates as a single hub for reconciliations, allowing firms to consolidate back office operations and processes and providing total management and control across the organisation, says the vendor.
Mark Zill, senior vice president and general manager, CheckFree Financial and Compliance Solutions, comments: "Our customers gain the ability to create greater efficiencies through a centralised reconciliation operation while deploying a platform that is poised for future growth."
CheckFree says a US bank has already selected the solution to automate its reconciliation workflow operations on an enterprise-wide level.