ReKognize™ provides a centralised sign off and attestation tool to help in managing tighter deadlines, ingesting data from any system in any format; including reconciliations, trial balances, and ERPs. Fully integrated workflow guides users through the necessary steps to resolve issues and resubmit accounts for approval.
With regulators and stakeholders demanding more data, more granularity, more often, it is often vital for organisations to close out period ends in fewer days, but at the same time produce more information. ReKognize™ supports any period end fast-close and is scalable to support large volumes of reconciliations that have to be completed and signed off on a frequent basis.
ReKognize™ hugely reduces the manual effort involved in fast-closes as well as mitigating the risk of errors occurring or deadlines being missed. It provides the transparency and control needed to ensure that accurate management accounts and financial statements are produced on a timely basis. Comprehensive audit trails provide demonstrable, easily retrievable evidence for external auditors.