Since the dashboard is an integral part of the software, companies spend a lot of time designing it and configuring it to provide the most convenient way of navigation. A centralized dashboard plays an important role in the daily working of your financial processes so it is necessary to analyse the dashboard and look at all its benefits to choose the software that would suit you the best.
A universal dashboard in reconciliation software can provide several benefits, including:
Improved visibility and control: It gives you a single place to track, and monitor can view all the tasks running in the reconciliation process. It lets the users manage the tasks in one place, giving you better visibility and control over the reconciliation process.
Increased efficiency: It increases the efficiency of working as it gives you a singular point of control through the dashboard. You can easily navigate the software with multiple screens to view any information you need on the reconciliation process.
Improved collaboration: One of the most important uses of the dashboard is boosting collaboration. As it gives access to all teams and departments a common place to collaborate and work together. It helps improve the coordination and communication between different teams in the reconciliation process.
Reducing manual errors: Streamlining reconciliation processes increases inter-team collaboration which helps cut down manual errors as all the teams with access can view the results directly on the software through the dashboard.
Easy access to key performance indicators and metrics: The dashboard helps you easily access crucial metrics like unreconciled transactions, amount missing, amount paid less etc. This helps analyze the transactions and take further action much quicker.
Enhanced security: You use can navigate through the dashboard to restrict access to reconciliation data and other confidential information loaded into the software. You will also be able to track the last person to access the data or make changes.
A universal dashboard is one of the most crucial parts of reconciliation software. It is the first viewing screen of the software. Its main functionality is to simplify the way to access the software and make navigation throughout the software easier. Along with that, it smoothens inter-team collaboration, tracking and monitoring all reconciliation steps. Overall it gives the user a seamless experience through the reconciliation software assuring maximum efficiency.
Start reconciling with Cointab.
On our reconciliation software, the universal dashboard is configured to help you quickly navigate through the software and all the reconciliation tasks. It helps carry out easy, and accurate reconciliation with ease. It is configured to give the highest level of efficiency through a singular navigation place so that you can collaborate with teams easily, view reports, schedule reconciliation etc without many complications.