Large Closely Held Financial Institution Automates the Management of the Account Reconciliation Process with Osaba’s Revolutionary Technology

CALABASAS, CA, Dec. 1 -- A large financial institution located in the Midwest has automated the management of the general ledger account reconciliation and
certification process by going live with Osaba’s revolutionary SOLOMON GL Compliance Manager (GLCM). Osaba has developed the first commercially available solution which, unlike other reconciliation software, manages the entire general ledger account reconciliation and certification process as opposed to addressing only a subset of accounts. Osaba is a highly skilled software provider known for delivering superior financial solutions at unprecedented levels of customer satisfaction.

The institution searched long and hard for a solution which would automate the
management of the account reconciliation and certification process due to the
overwhelmingly large number of accounts which need to be reconciled each quarter.

The institution wanted a way to transparently monitor and control the process in real-time.
"It has long been my goal to ensure the highest level of compliance regarding the account reconciliation and certification process," said the General Accounting Manager.

"Finally, we have found a solution which efficiently manages the process. This solution has created tight controls around our reconciliation and certification process, thus ensuring internal and regulatory compliance."

Osaba’s SOLOMON GLCM has revolutionized the way in which companies can control the account reconciliation and certification process. SOLOMON GLCM allows for the realtime management of the reconciliation and certification of thousands of accounts.

"We are very pleased with the level of risk mitigation which has been recorded by our client," said Therese Tucker, CEO of Osaba, Inc.