At Chrysalis Consulting Group, we help streamline financial operations by eliminating manual data preparation for reconciliations, reporting, and risk mitigation.
Every month, accounting and finance teams at Government Contractors that use Deltek Costpoint must reconcile their General Ledger accounts to their sub-ledger Accounts to maintain accuracy of their financial statements. Completing the process requires gathering information from both reports. If this is done manually the process can take 30 minutes or more with high margins of error. With our expertise in Monarch, we automate the GL to Open AP Recon
Every month, accounting and finance teams at Government Contractors that use Deltek Costpoint must reconcile their Indirect Costs to their Trial Balance ensure accuracy of their billing rates. Completing the process requires gathering information from the Statement of Indirect Costs, and the Trial Balance. If this is done manually the process can take 30 minutes or more with high margins of error. With our expertise in Monarch, we automate the Indirect Costs Reconciliation process.
Every month, accounting and operations teams at Government Contractors that use Deltek Costpoint must monitor project status as it is directly related to profitability and customer success. Accurately project tracking status can be complicated because it requires gathering information from multiple sources; Project Status Report, Time and Expense, Employee Roster, Budget Tracker. If this is done manually the process can take 30 minutes or more with high margins of error. With our expertise in Monarch, we automate the process of compiling the data to track Project Status.
At Chrysalis Consulting Group, we help streamline financial operations by eliminating manual data preparation for reconciliations, reporting, and risk mitigation
Every business day, accounting and operations teams must reconcile ACH activity generated by their core system. Completing the process requires gathering information from multiple reports, applying business rules, and verifying that transactions balance accurately before financial reporting can be completed. If this is done manually the process can take thirty minutes or more with high margins of error. With our expertise in Monarch, we automate the entire ACH balancing process.
Every business day, accounting and operations teams must reconcile ATM & Debit Card activity between their ‘Switch’ platform for processing and their core system. Completing the process requires gathering information from both system, applying business rules, and verifying that transactions balance accurately before financial reporting can be completed. If this is done manually the process can take thirty minutes or more with high margins of error. With our expertise in Monarch, we automate the entire ATM/Debit balancing process.
Every business day, accounting teams must reconcile activity between their core system and their financial general ledger system. Completing the process requires gathering information from both system, applying business rules, and verifying that transactions balance accurately before financial reporting can be completed. If this is done manually the process can take thirty minutes or more with high margins of error. With our expertise in Monarch, we automate the entire GL Balancing process.
At Chrysalis Consulting Group, we help streamline financial operations by eliminating manual data preparation for reconciliations, reporting, and risk mitigation
Every business day, accounting and operations teams teams must reconcile activity between their core system and their financial general ledger system. Completing the process requires gathering information from both systems, applying business rules, and verifying that transactions balance accurately before financial reporting can be completed. If this is done manually the process can take thirty minutes or more with high margins of error. With our expertise in Monarch, we automate the entire Teller reconciliation process.
Every month, accounting and operations teams must reconcile activity between their core system and their business analytics application in preparation for reporting to the regulators. Completing the process requires gathering information from both systems, applying business rules, and verifying that transactions balance accurately before financial reporting can be completed. If this is done manually the process can take thirty minutes or more with high margins of error. With our expertise in Monarch, we automate the Uninsured Deposits Analysis.
Every month, IT and Compliance teams must review all employees that have access to the core system, and what rights and privileges they have. They need to provide proof to regulators that this review is done regularly. Completing the process requires gathering information multiple sources, applying business rules, and verifying accurate user access information before reporting to the regulators. If this is done manually the process can take thirty minutes or more with high margins of error. With our expertise in Monarch, we streamline the audit preparation process.