Automate and Standardize
Accounts Reconciliation
Discover how Flowis changes accounts reconciliation by making them easier and more efficient with automation and standardization.
Why Flowis is Your Best Bet for Automated Reconciliation
Automated Balance Uploads
Quickly bring in your financial data from your different accounting and consolidation systems. Don’t spend extra time manually inputting numbers. It’s like uploading a photo to your computer.
Auto-Reconciliation
The Flowis system helps match up numbers automatically, so you don’t have to do it manually. Say goodbye to time-consuming manual account reconciliation tasks.
Powerful Reporting Tools
Flowis provides a suite of powerful tools tailored for report generation. Create charts and graphs, enhancing your financial insights. A visual compass guiding you through your financial data.”
Electronic Archives
Secure archives of your financial records in a digital format, ensuring easy retrieval when needed. Flowis organizes digital files, simplifying access to essential documents.
Intelligent Notification System
A comprehensive notification system that keeps you informed about matters that require your attention. Flowis is your virtual assistant sending timely reminders, ensuring you never miss essential tasks or updates in your business operations.
Tailor-Made Workflows
and Comprehensive Audit Trails
Workflow Flexibility
Customized workflows give you the power to set up things in a way that suits your company.
Complete Audit Trails
The audit trail feature provides a detailed history of all actions, ensuring full transparency and accountability.
You're in Good Hands
Number of companies trust Flowis.
How Flowis Automates
The Account Reconciliation Process
Administrator
Account balances are seamlessly imported from your accounting and consolidation systems into Flowis. Using your company’s reconciliation matrix, accounts are routed for preparation and approval. Auto-reconciliation handles accounts with no discrepancies, reducing manual workload.
Reconciliation Preparators
Accountants, assigned by their responsibility, prepare cover sheets, supporting documentation, and underlying data to support account balances in Flowis.
Reconciliation Approvers
Approvers review all documentation and can approve or send accounts back to preparators for adjustments. Configure exceptions based on value, region, or sensitivity in Flowis.
Internal / External Audit
Audit teams with access to Flowis can perform reviews without the need for print-outs or copies of reconciliations. Auto-reconciled items skip the audit, saving time and fees.
Compliance Teams
Flowis offers powerful reporting and automated reminders and escalations to ensure timely reconciliation preparation. Internal ad-hoc reviews can be conducted as needed, enhancing the quality of reconciliations.
Archiving
All reconciliation transactions are stored in a single repository, ensuring data preservation, even when plants are decommissioned or personnel change roles.
How We Implemented Flowis
Flowis Enhanced PTP cycle
Business process automation at its best!
With Flowis, we automated the PTP process, eliminating manual errors, speeding up approvals, and saving time. The result? A more efficient team and smoother operations.
Worried About Your Data?
Security Is Our
Top Priority
We maintain SOC Type II compliance, adhere to GDPR regulations, employ TLS 1.2 encryption, and rely on Azure Storage to protect your valuable information.
Customer Support
You Can Count on
Access FAQs, contact us directly, or explore our knowledge base for guidance. We’re committed to ensuring a smooth experience for our valued customers.
