Hristo Marintchev

The enterprise reconciliation lifecycle Phase 4: Reconciliation – what is it really?

Matching or Reconciliation? We all use the term ‘reconciliation’ in a business environment to mean different things. This series of articles has sought to clarify its meaning. Let’s revisit the typical lifecycle of transactional reconciliation activity... Read >

The Enterprise Reconciliation Lifecycle Phase 3: Exception Resolution

What next after matching? To be frank, the important stuff. The reason to match is to find exceptions, or breaks as they are called in some industries, even though we hope to see none. The best result is a blank exceptions listing. However, this scena... Read >

The Enterprise Reconciliation Lifecycle Phase 2: Data Matching

Continuing along the reconciliation lifecycle Earlier articles in this series have defined the enterprise reconciliation lifecycle as encompassing four primary stages: data import and enrichment (discussed in the last article), matching, exception manage... Read >

The Enterprise Reconciliation Lifecycle Phase 1: Import & Enrichment

The reconciliation lifecycle An earlier article defined the enterprise reconciliation lifecycle as encompassing four primary stages: data import and enrichment, matching, exception management, and finally reconciliation. Below we seek to address the mai... Read >

Why Implement a Comprehensive Reconciliation Strategy?

Switching from a patchwork to an enterprise-wide reconciliation approach Let’s be frank, the topic of reconciling data in a business environment has never been a dinner party conversation. Exciting it may not be, yet every business in every industry h... Read >

Defining a Comprehensive Reconciliation Strategy

Defining reconciliation We all do it. We use the term “reconciliation" to mean different things in relation to financial data. Think of two examples: bank reconciliation and general ledger reconciliation. Then consider what meanings these terms might h... Read >