Automate the Transaction Processing

Finance and accounting enable banks and financial institutions to maintain accurate financial records, comply with regulatory requirements, and make informed decisions to drive business growth and success. Finance and accounting, part of Aspekt Product Suite, is designed for financial institutions serving as the backbone of the institution’s financial management system, and providing a centralized platform for managing all financial transactions and activities.

The finance and accounting solution is completely integrated with all front-office as well as other back-office solutions and processes data in real-time enabling automatic posting of the transactions based on predefined posting schemas that support the highest level of operational excellence in your financial institution. The solution is easily administered to define dynamically the chart of accounts with all account details to reflect the real needs of your financial institution. The centralized accounting reporting is a strong feature of the Aspekt Product Suite, supporting Trial Balance, Trial Balance Turnover, Account by Dimension, Dimension by Account, Analytic Card. Banks and financial institutions can benefit from single data entry and centralized financial control with integrated risk mitigation tools for identifying errors before processing.

Within the solution is the Accounting Report Generator, a powerful tool for creating different, unlimited, and custom-made reports with general ledger data, which satisfies fully the client’s reporting needs.