POS Reporting Tool Designed to Simplify the Reconciliation of Business Records
Costa Mesa, CA: Today, Zip POS Dashboard’ Product Manager identified the company’s POS reporting tool as a beneficial product for keeping sets of transaction and other business records in agreeance. Zip POS Dashboard’ POS reporting tool is capable of accurately pinpointing discrepancies between paper and digital records to eliminate errors, reduce risk, and speed the reconciliation process, according to the Product Manager.
“With our POS reporting tool, what you see is what you get,” says Zip POS Dashboard‘ Product Manager.
“Our free reporting software is capable of seriously slashing the time spent reconciling records by automatically detecting and flagging duplicates and other errors present within pos transaction records. The real-time capabilities of our POS reporting tool contribute to the software’s ability to produce the most accurate, up-to-date information, drastically reducing manual processing time and the human errors that are often produced while plugging in numbers manually.”
An additional benefit provided by Zip POS Dashboard‘ POS reporting tool is improved compliance with national audit regulations, says the Product Manager:
“Not reconciling correctly and thoroughly can result in serious consequences. Companies must establish and adhere to internal standards that ensure proper reconciliation as part of its operational procedures and cannot rely on external audits alone anymore. The Sarbanes-Oxley Act of 2002 has made this a necessity, putting the reconciliation onus on business managers and their in-house accounting teams. Our POS reporting tool is so simple to use and straightforward that managers can hand over the task to administrative staff or complete many steps of the reconciliation process themselves, saving their accountants valuable time that can instead be spent working on more pressing projects.”
Although reconciliation is essentially an accounting activity, it is a vital process that must be applied to all of a business’ records to ensure accurate reporting and improved loss prevention. Zip POS Dashboard’ POS reporting tool speeds the process significantly, making it that much faster to check transaction data against paper records.
“If a discrepancy exists,” says Zip POS Dashboard‘ Product Manager, “our software will detect it instantly; helping businesses get to the root of the problem, correct it, and get on with other business activities in less time.”