With the increase of competitors in every sector, organizational Darwinism comes into action. Only the fittest of the fit will survive the race to success. However, various factors determine this fitness. While, on one hand, there is the need to maintain quality of products and/or services, on the other hand, there needs to be continuous …
Building Organizational Resilience is No Longer a Matter of Choice Read More »
Technical glitches and outages in the stock market are rare, though not uncommon for global exchanges. On Thursday (February 25, 2021), the National Stock Exchange (NSE), India, faced a trading outage where operations had to shut down from 11.40 am due to an issue at a telecom service provider. The recent NSE trading halt scenario …
NSE Shutdown – Why Automated Bcm Is Essential To Handle Such Disruptions Read More »
A study by PwC says more than 81% of banking CEOs are considering the impact of digitization in the finance world. Several financial organizations are trying to keep up with the latest tech trends like chatbots, Artificial Intelligence (AI), Blockchain, etc. These breakthrough innovations with new technologies are helping to optimize operational efficiency to a great …
Automated Reconciliation For Effective Cash Management Read More »
Currently, the entire world has been going through a radical change in response to the outburst of COVID-19. Social distancing as pandemic precaution affects the majority of industries, including financial institutions, the hospitality industry, manufacturing industry, to name a few. Henceforth, many organizations will have to redefine their work culture from personal to remote and …
Two Important Factors to Ensure Business Continuity Read More »
This decade has been very significant for Banks and Financial institutions in terms of many technological advancements. One of the most important being switching from all manual processes to an automated workflow. General ledger accounts reconciliation is one such example. With automation, this critical process can be performed swiftly with more accuracy & efficiency. Let’s discuss …
Importance Of Automation In The GL Accounts Reconciliation Read More »
AUTOMATED RTGS PAYMENT RECONCILIATION SOFTWARE BENEFITS FOR FINANCIAL INSTITUTIONS The fast-evolving payment industry has a high impact on the financial markets. After NEFT 24×7, RTGS 24 x 7 is launched in India from 14th Dec 2020. India will become one of the few countries in the world to operate its RTGS system round the clock …
Automated RTGS Payment Reconciliation Software Benefits For Financial Institutions Read More »
Role of Real-Time Automated Reconciliation in Real-Time Transactions The financial market is on the verge of ever-expanding growth. Financial institutes in the capital market are managing payments at an increasing pace. This trend is not going to change anytime soon. The immediacy of transactions needs a real-time reconciliation solution. Financial institutions are now getting into …
Role of Real Time Automated Reconciliation in Real Time Transactions Read More »
Enterprise Resilience– Concept & Solution for Small & Medium Enterprises In the last decade, the meaning of enterprise resilience in small and medium enterprises has gone through many changes. It’s a fact that SMEs contribute to maximum employment in the private sector. But, it’s also a truth that small and medium businesses are more vulnerable than …
Enterprise Resilience- Concept & Solution for Small & Medium Enterprises Read More »
Automation of banking processes is now transforming the industry practices. Facilitating efficient business strategic decisions are improving performance and leading businesses towards the automated reconciliation process. The top guns of the banking industry are rooting for automated reconciliation, though there are some misconceptions. In this article, we will address the myths about automated banking reconciliation …
Myths And Facts About Using Automated Banking Reconciliation Software Read More »
A business continuity plan is one of the leadership teams’ primary focuses in the current socio-economic landscape. Certainly, this is not a sudden step; this encircles around the key purposes of averting threats possibilities growing upon businesses these days. With the expansion of complex technology network and supply chain, the business risks are also on the rise. The …
What Are The Core Objectives Of Business Continuity Plan? Read More »
Ascent endorses constant growth through automated bank reconciliation, business continuity & escrow solutions. It assists industries in exploring the opportunities of the digital revolution & becoming future-ready.
