About BancApp

BancApp helps organizations (focused on BFSI) create Lean Business Processes and Automate their existing processes to enhance accuracy and quality of data in order to save time and cost. We use analytics to improve a specific business performance and bring high degree of managerial control & compliance along with it!

As a financial services person, you must be aware that reconciliation is a vital accounting process, of comparing transactions and activity to support documentation. While a perfect reconciliation process empowers you to curb income leakages and have your books in order, an imperfect one can serve as a great threat to your financial management process.

Why Choose Bancapp?

Comprehensive Technology Solutions

We offer comprehensive technology solutions for your organization's overall business process.

Trusted Partner

It's essential to have a vital partner for finance and operations department who can bring efficiency and provide strategic inputs to manage risk at various levels in the organisation.

Quick Response Time

Our exceptional team will understand the existing processes and automate the same efficiently and swiftly.

Traditional Reconciliation Challenges in Accounting Processes

You must have observed that manual processes have been creating a range of reconciliation issues, such as:

Extreme dependency on individuals Revenue leakage Error/fraud risks Time and cost inefficiency Growing complexity owing to rising volume, variety and velocity of reconciled data Scalability issues of manpower to meet increased volumes Disintegrated processes Lack of visibility to disparate data summary for business decision making Longer exception closure time Are you looking for a trusted partner to overcome the traditional reconciliation challenges which is putting your firm at risk? Your search will end with us!
Our Services

Explore Our Services

For Your Best Automation Platform

Reconciliation Product

Allows you to focus on the desired results enabling you to make better decision rather than spending your time on a repetitive task.

Process Automation

End to End Automation for most complex processes. Highly Customizable.

Data Analytics

Allows you to make quick, informed decisions based on quality and accurate data.

Financial Reporting

End to End solution for all your Financial and Compliance Reportings.

LATEST ARTICLE

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Articles

By: BancApp December 09, 2021

Data reconciliation is a critical component of BFSI operations, but the inability to fully automate it is a pervasive challenge with many companies still relying on manual processes.

By: BancApp December 10, 2021

Many organizations rely on spreadsheets to help manage transaction tracking for their organization.

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