Procare Solutions Internal Ideas Portal
Schoolcareworks has a reconciliation report built into the software which is significantly easier to utilize than a manual reconciliation using Procare deposit reports and a combination of Bank account activity, TE batch, and POS reports to complete a reconciliation and confirm all funds between TE and the software match as a second level of failed posting or false posting checking.
This would improve operational efficiency for centers allowing them to reduce resources dedicated to accounting and will speed up TE support processes and reduce the number of man hours required on reconciliation tasks.
| Product Area | Payments |
| Are customers at risk of leaving Procare without this item? | Yes |
| Are customers going to competitors for this item? | Yes - Other |
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How does this impact the customer's business?
We hear frequent stories of centers having extensive difficulties and needing to spend funds on accountants to help with reconciliations and ensure all funds are received properly. This will allow centers greater confidence using our payments software to ensure they are getting properly paid leading to greater utilization of payment processing and prevent churns due to frustrations w/ te difficulty. |
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