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Average Ratings 0 Ratings

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ease
features
design
support

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Write a Review

Description

Accountflow serves as a comprehensive platform for reconciling financial statements, streamlining accounting tasks into a single, easy-to-navigate system. This solution connects with major banks, ERP systems, and financial platforms, allowing accountants to access precise data, spot inconsistencies, document their work, and oversee multiple enterprises all in one location. With automated templates available for various functions such as bank reconciliation, payroll, VAT, general ledger, fixed assets, and accruals, teams can minimize manual effort while enhancing data integrity and oversight during period closings. Transactions from banks can be pulled and reconciled without manual input, VAT balances can be scrutinized for errors, and general ledger entries can be consistently monitored, complete with attached documentation and comments for clarity. The tools for managing fixed assets accommodate categories, registers, transactions, value assessments, and depreciation calculations, while workflows for accruals offer insights into prepaid income and expenses, ensuring they are reconciled automatically. Additionally, the platform's user-friendly interface and robust features significantly improve collaboration among team members, leading to more efficient financial processes overall.

Description

Despite having stringent regulations in place to ensure precise and compliant financial reporting, a significant number of organizations continue to rely on manual or partially automated reconciliation and certification methods. These outdated practices can lead to inaccuracies, inefficiencies in operations, and a diminished ability to oversee financial figures during the certification process. Fiserv's Frontier™ Reconciliation offers a thorough end-to-end solution that provides a complete view of account reconciliation throughout the organization, making exceptions easily identifiable and decreasing the need for manual involvement. The solution fully automates cumbersome workflows and guarantees adherence to both corporate and regulatory standards. However, decreasing errors and minimizing write-offs represents just one aspect of the overall benefits. By reducing the necessity for manual research and interventions during reconciliation, organizations can realize significant gains in efficiency and decrease operational costs, all while allowing their staff to focus on more strategic and value-driven tasks. Consequently, adopting such comprehensive solutions can transform financial operations and contribute to long-term organizational success.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

ARGO No 
Finago Procountor Yes 
PowerOffice Yes 
Tripletex Yes 
Visma Nova Yes 
Xledger Yes 

Integrations

ARGO Yes 
Finago Procountor No 
PowerOffice No 
Tripletex No 
Visma Nova No 
Xledger No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial Yes 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows Yes 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) Yes 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) Yes 
In Person No 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Vendor Details

Company Name

Accountflow

Founded

2018

Country

Norway

Website

www.accountflow.no/

Vendor Details

Company Name

Fiserv

Country

United States

Website

www.fiserv.com/en/solutions/risk-and-compliance/financial-control-and-accounting/frontier-reconciliation.html

Product Features

Product Features

Compliance

Archiving & Retention Yes 
Artificial Intelligence (AI) No 
Audit Management Yes 
Compliance Tracking No 
Controls Testing Yes 
Environmental Compliance No 
FDA Compliance No 
HIPAA Compliance No 
ISO Compliance Yes 
Incident Management No 
OSHA Compliance No 
Risk Management Yes 
Sarbanes-Oxley Compliance No 
Surveys & Feedback No 
Version Control Yes 
Workflow / Process Automation No 

Financial Reporting

"What If" Scenarios No 
Audit Trail Yes 
Balance Sheet Yes 
Cash Management Yes 
Consolidation / Roll-Up No 
Forecasting No 
General Ledger Yes 
Income Statements Yes 
Multi-Company Yes 
Multi-Department / Project Yes 
Profit / Loss Statement No 

Financial Risk Management

Compliance Management Yes 
Credit Risk Management No 
For Hedge Funds Yes 
Liquidity Analysis No 
Loan Portfolio Management No 
Market Risk Management No 
Operational Risk Management Yes 
Portfolio Management No 
Portfolio Modeling No 
Risk Analytics Benchmarks No 
Stress Tests Yes 
Value At Risk Calculation No 

Risk Management

Alerts/Notifications No 
Auditing Yes 
Business Process Control Yes 
Compliance Management Yes 
Corrective Actions (CAPA) No 
Dashboard Yes 
Exceptions Management No 
IT Risk Management No 
Internal Controls Management Yes 
Legal Risk Management No 
Mobile Access No 
Operational Risk Management No 
Predictive Analytics No 
Reputation Risk Management No 
Response Management Yes 
Risk Assessment Yes 

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