11th Annual International Conference on Industrial Engineering and Operations Management

Financial Management System Integrated by Web-Based Payment Cash Link Solution to Invent Smart Reconciliation

0 Paper Citations
Track: Business Management

The latest information should be able to do things efficiently and quickly. Accounting has an essential role in a company that is financial and administrative reports. This requires accurate data and real-time financial reports between cashier data and bank statements. It is called Reconciliation. However, there were 2 (two) problems identified in the University of Raharja, the Reconciliation, which is conventional, and the report was not real-time. The problem can lead to errors and requires very high accuracy. To expedite an accurate report also data to superiors, a feature in online accounting software that Invents smart Reconciliation is needed. The existence of innovation resolves these problems by automatically activating the online accounting software's reconciliation feature using Cash links. Cash links are automatically smart reconciliations. There are 7 (seven) literature reviews as the research method used in this study to solve the problems. Smart Reconciliation is expected; accountants can collaborate with the disruptive era to significantly impact the company. So, financial reports can be published in real-time and accurately and motivate the accountants to improve administrative reports.

Published in: 11th Annual International Conference on Industrial Engineering and Operations Management, Singapore, Singapore

Publisher: IEOM Society International
Date of Conference: March 7-11, 2021

ISBN: 978-1-7923-6124-1
ISSN/E-ISSN: 2169-8767