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  • Vale

Vale Europe Ltd, a leading refiner of precious metals, speeds up bank reconciliation and improves compliance with Bank Management m-hancement.

Customer Success

  • Time to complete bank reconciliation process reduced by 50 per cent
  • Improved compliance
  • Greater financial control
  • Reduced errors
  • Extremely quick and user-friendly system

Challenges

  • Vale Europe Ltd previously relied on spreadsheets and for the past three years a standalone system to process its monthly bank reconciliation from its Acton-based office
  • Financial compliance and data accuracy is absolutely vital
  • Vale required an automated system which could seamlessly interface with Microsoft Dynamics GP to improve transparency and control to minimise the risk of errors and increase productivity

Solution

  • Vale can easily extract key management information such as reconciled and unmatched items to achieve greater financial visibility and control using Bank Management m-hancement for Microsoft Dynamics GP

 

vale-logo-mhance-case-study“We have reduced the time it takes us to complete our month-end bank reconciliation process by half.”
Elaine Ambrose, Accountant, Vale

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