SBS Financials is built to efficiently manage the complexities of multi-entity accounting. Translation: Organizations with multiple companies, divisions, locations, and departments use our software to efficiently manage their finances.
Automating Manual Reconciliations Saves Hours and Reduces Errors
United Communications Corporation (UCC) is a media company with print, broadcast, and digital operations in five states. They are a long-time customer and were well acquainted with the system. Turnover in a few key accounting positions spurred UCC to take a fresh look at its SBS financial management software to see where it could help the team operate more efficiently.
One area of interest was automating processes that they were doing manually, such as intercompany accounting. The system had the capability of automating reconciliations between the companies, but it wasn’t being utilized. Another area ripe for improvement was the manual bank reconciliations for UCC’s parent company and its five divisions.
To learn how UCC eliminated hours of manual processes each month, and the chance for error, read the Case Study.